SMART Photonics secures €35M Series C investment

June 30, 2020 //By Julien Happich
€35M Series C investment
The company, founded in 2012, will use the €35M funds to expand its capacity for wafer manufacturing at the High Tech Campus in Eindhoven, accelerate the development of its photonic integration technology and establish the technology in the marketplace.

Lead investor Innovation Industries is one of Europe’s most active independent photonics investors and holds numerous investments across the photonics value chain. The funding includes a contribution from the Ministry of Economic Affairs and Climate Policy of The Netherlands through the Brabant Development Agency (BOM), as well as participations from KPN Ventures, PhotonDelta and existing shareholders, thereby reaffirming the position of SMART Photonics as the central player in the European photonics ecosystem.

SMART Photonics’ ambition is to be the leading independent foundry for photonic integrated circuits, which provide small-scale integration and high performance combined with low energy consumption.

Since its inception in 2012, SMART Photonics has attracted a truly global customer base, consisting of leading US, European and Asian customers as well as a range of scale-up companies that develop applications using integrated photonics.

“We are very excited to have the new consortium on board and to be able to bring our foundry to the next level thanks to this investment. This will allow us to scale up our volumes as we support our customers in bringing their first commercial products using photonic integration technology to the market” commented Chief Executive Officer, Johan Feenstra.

SMART Photonics - www.smartphotonics.nl


Vous êtes certain ?

Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site.

Vous allez être rediriger vers Google.