Effect Photonics secures 8 million series-B funding
Eindhoven-based Effect Photonics has announced the successful completion of an 8 million euro series-B funding.
Eindhoven-based Effect Photonics has announced the successful completion of an 8 million euro series-B funding.
Collaborating within the Photondelta Flagship project, the better part of the Dutch integrated photonics industry has started working with TNO’s Space and Semiconductor departments to qualify photonic integrated circuits (PICs) for space applications.
Effect Photonics from Eindhoven has taped out what it claims to be “the world’s first fully-integrated coherent photonic integrated circuit”.
Eindhoven-based Effect Photonics has secured a 5 million euro investment from Photondelta.
Working in high tech for 35 years, René Penning de Vries has never seen more potential waiting to come to fruition. The technology, the ideas, the means: it’s all there. But creating a billion euro integrated photonics industry in the Netherlands will require a lot more hard work and persistence. “Our biggest pitfall is complacency,” says the chairman of PhotonDelta, a collaboration founded to steer the effort.
Pensioenfondsen PME en PMT (respectievelijk Metalektro en Metaal en Techniek) trekken allebei 75 miljoen euro uit voor de tweede ronde van Innovation Industries Fund, een investeringsfonds gericht op Nederlandse techstartups.
TUE-spinoff Effect Photonics heeft een tweede kapitaalronde langs investeerders met succes afgerond.
TUE-spin-off Effect Photonics onthult volgende week op de OCF-beurs in Anaheim zijn familie van geïntegreerde ic’s voor optisch dataverkeer.
In een eerste kapitaalronde hebben B-to-v Partners, de Brabantse Ontwikkelingsmaatschappij en Optidob geĂŻnvesteerd in het Eindhovense Effect Photonics.