Archangel Lightworks secures $13.57 million Series A funding led by Santander Alternative Investments to scale optical downstream technology

Laser communications company Archangel Lightworks closed an oversubscribed £10 million ($14 million) Series A funding round led by Santander Alternative Investments to scale its deployable optical terminal technology, including the TERRA-M miniature optical terminal. The funding will accelerate manufacturing capabilities in Oxfordshire, UK, where the company develops high-volume, secure, and dual-use gigabit laser-link products for defense and mission-critical industries. The round also included participation from the National Security Strategic Investment Fund (NSSIF), Blackfinch Ventures, Oxford Capital, Lycka Limited, and Oxford Science Enterprises (OSE), bringing Archangel Lightworks' total investment to $17.5 million to date. CEO Richard Johanson stated the capital will help meet growing demand for space-based information and connectivity, positioning the company to deploy its technology with new and existing partners across markets. Nadir Maruf, head of infrastructure and venture capital at Santander Alternative Investments, highlighted the strategic importance of the initiative in ground space communication infrastructure.

Counterparts (7)

Lender

Lycka Limited

company · 1 deals

Blackfinch Ventures

company · 1 deals

UK-based investment group specializing in renewable energy, property lending, asset-backed lending, and high-growth small businesses, with over 30 years of market presence and 150 employees.

N

National Security Strategic Investment Fund (NSSIF)

company · 1 deals

Poseidon Renewable Energy, S.A.S.

company · 1 deals

Poseidon Renewable Energy, S.A.S. focuses on developing renewable energy projects. They are likely involved in the development, construction, and operation of renewable energy assets.

Santander Alternative Investments

company · 1 deals

Madrid-based alternative investment platform with a dedicated infrastructure strategy, operating under Santander Group.

Oxford Capital

company · 1 deals

Chicago-based international real estate investment, development, and management firm specializing in hospitality, senior housing, multifamily, mixed-use, and operationally intensive real estate with a $4B+ track record since 1990.

borrower

Archangel Lightworks

company · 1 deals

Oxford-based developer of laser communication systems for space-to-ground connectivity, specializing in deployable optical ground stations for resilient network infrastructure.