Posts Categorized: Funding

Cash Infusion For Photonics-Focused Biosensor Startup Delta Diagnostics

Rotterdam-based Delta Diagnostics lands seed round from PhotonDelta & TNO Investment to help bring its biosensor system to the market faster. 14 July 2022, Rotterdam – Biosensor R&D start-up Delta Diagnostics has received a seed investment from two leading innovators: research organisation TNO – The Netherlands Organisation for Applied Scientific Research – and PhotonDelta, an

QuiX Quantum lands €5.5 million for development of world’s most powerful photonic quantum computer

QuiX’s photonic quantum processors operate at room temperature – vastly reducing their cost and size Enschede, Netherlands – 7 July 2022: QuiX Quantum, a leading producer of quantum processors, has secured a €5.5 million Seed Round investment from PhotonDelta, FORWARD.one and Oost NL. The funding will take QuiX a step closer to creating the world’s

PhotonDelta Lands €1.1 Billion To Usher in a New Generation of Semiconductor Technology

Eindhoven, Netherlands – PhotonDelta, a cross-border ecosystem of photonic chip technology organisations, has, subject to conditions*, landed €1.1 billion in public and private investment to transform the Netherlands into the leader of next generation semiconductors. Capital from the Netherland’s Ministry of Economic Affairs and Climate Policy and other organisations will be used to build 200

OIP4NWE launches call for innovation support for SME’s to mature PIC-based products

Eindhoven, The Netherlands – The open innovation program OIP4NWE launches its second voucher call for innovation support to stimulate uptake of integrated photonics technology by European-based companies. Up to 5 companies will receive innovation support from the OIP4NWE consortium. By providing innovation support to SMEs and large-scale enterprises across Europe, OIP4NWE contributes to the competitiveness

New investment helps TU/e spinoff MicroAlign to speed up technology and product development

Eindhoven – A new investment by PhotonDelta and the Smart Industries TTT Fund that is managed by Innovation Industries will help TU Eindhoven spinoff MicroAlign speed up its technology and product development. MicroAlign will use the funds to optimize the quality of optical fiber-to-chip connections at packaging and start exploring the market opportunities. Photonics is

PhotonFirst successfully closes €11 million Series A funding

PhotonFirst International, a leading pioneer in integrated photonics sensing solutions for advanced applications, announced to have successfully closed its Series A funding. Jointly, their largest shareholder, Amsterdam-based private equity firm Active Capital Company, and new investor PhotonDelta have committed 11 million euros to fund the 5-year business plan of the company. The company, based in

Horizon 2020: Advanced Photonic Integrated Circuits (RIA)

Evolving photonic integration is opening up a wealth of opportunities in many application areas by enhancing functionality and spectral coverage, facilitating new applications in biomedical, environmental and industrial fields, making devices more power-efficient and bringing ground-breaking technologies within reach of entrepreneurial SMEs. The increasingly sophisticated requirements need new paradigms, capable of extending the functionalities of

International frontrunners in photonics research can work together on innovation

The Netherlands and Taiwan, both frontrunners in photonics research, join forces through a new cooperation programme. Photonics is a technology that is used in many products, such as cameras in mobile phones, the Internet and lighting. Joint research should lead to photonic innovations that contribute to economic opportunities for societal challenges such as climate change.

Optics11 and optics11 life secure funding to accelerate growth

Optics11 and Optics11 Life have secured funding from Rabobank. The funding will be used to strongly accelerate growth across global markets, to further build the team for the future and to strategically expand the high-tech product portfolios of both business units. “This is the right moment to pick up the pace. Rabobank’s funding helps us

Effect photonics raises $37m to develop single-chip coherent optics and scale production

EFFECT Photonics announces the first close of its Series C round, co-led by Smile Invest together with existing investor Innovation Industries Fund, exactly one year after announcing the tape-out of its Manta full photonic integration coherent PIC. Smile Invest are joined by existing investors including Innovation Industries Fund, Photon Delta, btov Partners, Brabant Development Agency

PhotonDelta is making new partnerships to accelerate the PIC startup scene

Following the renowned incubator HighTechXL, PhotonDelta has recently entered into other fruitful cooperations with NLC, Philips Innovation Services and Lumo labs. The collaboration with experienced incubators, ventures builders and coaching service providers is of strategic importance to the Dutch integrated photonics ecosystem as successful startups will help to create new applications that can benefit from

Innovation support fund launched for SME uptake of photonic integration technology

The open innovation program OIP4NWE launches its innovation support fund to stimulate uptake of integrated photonics technology by SMEs. Seven SMEs will receive innovation support from the OIP4NWE consortium.By providing innovation support to SMEs across North-West Europe, OIP4NWE contributes to the competitiveness and innovativeness of European SMEs on the global markets. The pilot line has

PhotonDelta and Innovation Industries invest in groundbreaking optical spectroscopy start-up: MantiSpectra

Together with Innovation Industries, PhotonDelta invests seed capital in MantiSpectra, a recent spin-off from Eindhoven University of Technology. MantiSpectra is developing an innovative near infrared (NIR) spectrometer technology using photonic integrated chips. Spectrometers can measure the chemical composition of a sample by using light. Current solutions tend to be bulky, expensive and need to be

Photonics Digital Innovation Hub secures €19 million to boost SME growth and ensure EU jobs

PhotonHub Europe – a new pan-European photonics digital innovation hub –has been awarded €19 million investment from the EU’s Horizon 2020 programme. PhotonHub Europe will help European SMEs and mid-caps become highly competitive digital businesses through faster and smarter deployment of photonics-based technologies, directly creating over 1.000 new high-tech EU jobs and nearly €1 billion

PHIX welcomes new investor PhotonDelta

With the addition of PhotonDelta as a shareholder, PHIX further secures its position as a leading packaging and assembly foundry within the European integrated photonics ecosystem. PhotonDelta also provides PHIX with long term financing for equipment purchases necessary to ramp up production of optoelectronic modules. This is made possible by PhotonDelta’s funding partners: Brainport Development

SMART Photonics secures €35M new funding to accelerate growth for photonic chip manufacturing

SMART Photonics, the independent foundry for photonic integrated circuits, today announced a €35M Series C investmentfrom a Dutch consortium led by Innovation Industries.The company, founded in 2012 and based at the High Tech Campus in Eindhoven, will use the funds to expand its capacityfor wafer manufacturing, accelerate the development of its photonic integration technology and

Subsidized innovation in photonics for EU-based companies

Photonics, or the manipulation of light by means of optical fibers and chips, has become a crucial technology in today’s society. High-speed internet, LCD and OLED screens, optical computer mouses and many sensors could not exist without photonics. Also in industry, photonics is gaining importance every day. Optical inspection enables reliable quality control, not only

Technobis attracts long-term financing to accelerate roll-out of Integrated Photonic Sensing solutions

Active Capital Company (ACC), PhotonDelta and ABN AMRO support integrated photonic sensing market leader by providing financing to support growth. Integrated photonics is a key enabling technology that provides unparalleled technological solutions to help solve scientific, economical and societal challenges. In line with these developments, Technobis is accelerating the commercialization of next generation, PIC-activated (Photonic

EFFECT Photonics receives funding

EFFECT Photonics has secured €5M in funding from PhotonDelta to support its growing business. The funds will be used to further accelerate product development and business scale-up, and thereby strengthens the integrated photonics ecosystem. EFFECT Photonics’ CEO James Regan says the Internet of Things, virtual reality, and cloud services are growing in popularity every day,