Wave technology company MMIC Solutions has secured £2.7m of funding to further develop the business.
The company’s technology is useful to the security industry as it offers the ability to be able to detect non-metallic items such as weapons or explosions.
The YFM Group has joined existing investors Scottish Enterprise, NESTA and AEGF in backing the company.
Previously the company has raised more than £1.5m through its investor and this has already led to several deals with manufacturers.
Rodger Sykes, chief executive officer of MMIC Solutions, said: “We are very pleased by the investment community’s interest in MMIC Solutions, and the continuing confidence shown by our existing investors.
“The demand for our innovative technology continues to grow in applications such as weapons detection and high bandwidth communications, and this significant investment allows us to expand our team and production capabilities to address the many opportunities our customers are presenting to us.”
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