Morphotonics raises €40 million
Morphotonics raises €40 million from 3M Ventures, Innovation Industries, BOM, Invest-NL, European Innovation Council Fund, Ernij Next, and European Investment Bank.
Morphotonics develops nanoimprint lithography technology for advanced optical components. The technology is used for AI glasses and augmented reality applications. An important application is the production of waveguides. These components project digital images into glasses.
The market for AI wearables is growing strongly. Morphotonics is making production faster and cheaper. The company supplies technology to customers in Europe, Asia, and the United States. The new capital will be used to expand the production capacity of the Cypris platform. Additionally, investments are being made in product development and new employees.
