Speen Holding AG joins Wave Photonics as Redstone QAI exits
Published
Wave Photonics Ltd, a Cambridge-based integrated photonics company founded in 2021, has updated its cap table following its latest confirmation statement for the period ending 20 June 2026. Speen Holding AG has joined the register with 177,360 Preferred Ordinary shares, coinciding with the full exit of Redstone QAI Quantum Fund I, SCSP, which previously held an identical stake of 177,360 shares.
The filing also reveals a shift in holdings related to BSF II. BSF II LP has entered the cap table as a new shareholder with 96,017 Preferred Ordinary shares. Simultaneously, BSF II Advisor, LP reduced its position from 101,071 shares to 5,054 shares. Both BSF II entities are also shareholders in Matta Labs Ltd. The appearance of multiple new investors on the cap table may signal a recent funding round.
Wave Photonics provides design technology and intellectual property to accelerate the production of photonic integrated circuits for sectors including quantum technologies and healthcare. Several existing investors remain on the cap table, including Prism (General Partner) Limited as general partner of the UK Innovation and Science Seed Fund with 177,360 shares and the Chancellor Masters and Scholars of the University of Cambridge with 121,433 shares. Other continuing shareholders include Kyra Ventures Holdings Limited with 106,420 shares, Schroboh Capital GmbH with 97,430 shares, and MNL (Parkwalk) Nominees Limited with 88,680 shares.
Shareholder data
Source: Companies House confirmation statement (CS01) — period to , filed .
Changes in this confirmation statement
| Type | Shareholder | Shares | Change | Share classes |
|---|---|---|---|---|
| Exited | REDSTONE QAI QUANTUM FUND I, SCSP | 177,360 | — | PREFERRED ORDINARY 177,360 |
| New shareholder | SPEEN HOLDING AG | 177,360 | — | PREFERRED ORDINARY 177,360 |
| New shareholder | BSF II LP | 96,017 | — | PREFERRED ORDINARY 96,017 |
| Decreased | BSF II ADVISOR, LP | 5,054 | -95% | PREFERRED ORDINARY 5,054 |
Current shareholders (11)
| Shareholder | Total shares | Share classes |
|---|---|---|
| PRISM (GENERAL PARTNER) LIMITED (AS GENERAL PARTNER OF THE UK INNOVATION & SCIENCE SEED FUND) | 177,360 | PREFERRED ORDINARY 177,360 |
| SPEEN HOLDING AG | 177,360 | PREFERRED ORDINARY 177,360 |
| THE CHANCELLOR MASTERS AND SCHOLARS OF THE UNIVERSITY OF CAMBRIDGE | 121,433 | PREFERRED ORDINARY 121,433 |
| KYRA VENTURES HOLDINGS LIMITED | 106,420 | PREFERRED ORDINARY 106,420 |
| SCHROBOH CAPITAL GMBH | 97,430 | PREFERRED ORDINARY 97,430 |
| BSF II LP | 96,017 | PREFERRED ORDINARY 96,017 |
| MNL (PARKWALK) NOMINEES LIMITED (AS BARE NOMINEE FOR UCEF IX) | 88,680 | PREFERRED ORDINARY 88,680 |
| PLUG AND PLAY INVESTMENT GROUP, LLC | 66,225 | PREFERRED ORDINARY 66,225 |
| MAKIRO AG | 36,177 | PREFERRED ORDINARY 36,177 |
| DTL DATA SCIENCE GP LIMITED | 35,470 | PREFERRED ORDINARY 35,470 |
| BSF II ADVISOR, LP | 5,054 | PREFERRED ORDINARY 5,054 |
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