Photon IP raises €10 million to accelerate photonic chip innovation
Photon IP raises €10 from Amadeus APEX Technology Fund, and 360 Capital. Existing investors Innovation Industries, Faber, and Brabantse Ontwikkelingsmaatschappij (BOM) increase their investment.
Deep-tech company Photon IP has closed a €10 million investment round. The company is active in the fast-growing market for photonic chips and supports technology companies in the development of advanced optical semiconductors. The company is working on solutions that make data centers, telecom networks, and AI applications more energy-efficient and faster.
The capital raised will be used to develop new designs, attract specialist personnel, and strengthen the international market position. Demand for photonic chips is growing strongly due to global AI developments. Photon IP aims to capitalize on this by bringing its technology to market faster.
