🚀 Wave Photonics Secures £4.5M Seed Investment! 💡 Exciting news from the world of photonics! Wave Photonics, a deep tech startup based in Cambridge, has raised £4.5M ($5.8M) in seed funding to advance the development of light-based chips. This funding round was led by the UK Innovation & Science Seed Fund and Cambridge Enterprise Ventures, with additional support from Redstone, QAI Ventures’ Quantum Fund, Kyra Ventures, and Deep Tech Labs. With non-dilutive funding from EIC and Innovate UK grants, Wave Photonics' total funding now stands at £5.4M ($6.9M). 💰✨ Founded in 2021 by Cambridge Quantum Photonics PhDs James Lee and Matthew Anderson, along with Mateusz Kubica, Wave Photonics is revolutionizing on-chip photonics designs for applications in quantum technologies, sensors, and data centers. 🌐🔬 Their mission? To streamline the fragmented and costly process of developing photonic integrated circuits (PICs) into a rapid and integrated one, similar to semiconductor development. This investment will help transition their technology from research to commercial production, focusing on cutting-edge applications like quantum technologies and biosensing. 🛠️🔭 James Lee, CEO, shared his excitement: “The team has spent the past few years building and validating our design technology – it’s exciting to have the resources to begin deploying it to solve real industry problems.” 💬🎉 Key backers expressed their support: Mark White, UKI2S Investment Director: “We were very impressed by the vision and the promise of the innovative approach taken to design the next generation of integrated photonics.” Dr. Christine Martin, Cambridge Enterprise: “Integrated photonics is poised to disrupt industries from quantum computing to bio-sensing, and Wave Photonics’ team and technologies are well-positioned to accelerate this transformation.” Chiara Decaroli, Redstone: “We believe Wave Photonics’ products will significantly shape the future of PIC design, impacting both quantum technologies and everyday life.” Read the full article for more details [here](link below). 🌟🔗 https://lnkd.in/dhJjWrXe #Photonics #QuantumTech #Innovation #StartupFunding #TechNews #WavePhotonics
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We encourage you to get your pitch on and join the #backtoschool #photonic pitching session! See you soon! #photonics #investing #startups #hardware #academia #deeptech #community #opportunity #pitchingsession #pitchphotonics
Investor in photonics and deep tech | Business development consultant for deep tech companies || Father of two
It's summer #photonics #pitching time! 📢 Yet again let us meet at VIGO Ventures online 1:1 Pitching Day on 4th of September! #pitchphotonics is a continuation of cycle meetings we are organizing, this time #backtoschool timing. It aims at helping founders at an early stage to reach us, get to know us and be recognized. 🖖 We invite the broad community of founders and photonics innovators from research teams to early stage startups (looking for first funding or that have raised less than 0,5M EUR from investors) that develop groundbreaking products and solutions using photonics. 🎯 Selected participants will get a chance to pitch their project to VIGO Ventures investment team, get feedback and possibility of engaging into further investment process. #VIGOVentures is a #photonics focused #VC with private capital, investing 0,2-1,5M EUR in projects across #Europe. Application deadline: 30th of August. Please send your presentations to: pitch@vigo.ventures with the title: “Pitching day back to school – VIGO Ventures”. Why should you apply? ✨ Pitch in front of leading photonics hardware VC investment team ✨ Get instant feedback ✨ Get on track to raise investment round - up to 1,5M EUR ✨ Get access to industry experts who can elevate your project ℹ You can find all the details here: https://lnkd.in/dsdeerVz Next pitching slot planned for end of September or early October - be on the lookout for updates. Don't wait to share this news with your network. A Japanese touch this time, as we feel those meetings align well with the the idiom 一期一会 (Ichi-go ichi-e), so literally one time, one meeting, emphasizing the uniqueness of a moment. 👋 Reach out directly to me if you would like to talk about partnering in future meetings. 🤝Friends and partners in the photonics community, sharing is caring - help put the information out there! EPIC - EUROPEAN PHOTONICS INDUSTRY CONSORTIUM, Optica, PhotonHub Europe, Tech Tour, Photonics21, Photonics Research Group (Ghent University - imec), Universiteit Gent, Politechnika Warszawska, Sieć Badawcza Łukasiewicz, CEZAMAT, Uniwersytet Warszawski, Politecnico di Milano, Eindhoven University of Technology, University of Oxford, Fraunhofer IOF, Ecole polytechnique fédérale de Lausanne, ETH Zürich, DTU - Technical University of Denmark, Technische Universität Dresden, Technische Universität Wien, ICFO, secpho, Mid IR Alliance, Wojskowa Akademia Techniczna w Warszawie, IFAE, INAM - Innovation Network for Advanced Materials, HIGHTECH VENTURE DAYS, PPTF - Polska Platforma Technologiczna Fotoniki, Photonics Finland, Photonics France, Bpifrance, PhotonicsNL, PhotonicSweden, OpTecBB, VIGO Photonics, Warsaw Equity Group, the list goes on... #photonics #investing #startups #hardware #academia #deeptech #community #opportunity #pitchingsession #pitchphotonics
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🌟 Exciting news: SuperLight Photonics secures seed funding in investment round with DeepTechXL and Oost NL 🌟 SuperLight Photonics, a spin-off from the University of Twente, is developing a wideband laser that can serve as a 'light source' in various measurement and detection applications. Today, the company announces the completion of a seed investment round. The round is led by Dutch Deep Tech investor DeepTechXL in collaboration with Oost NL. With this investment, SuperLight Photonics will further develop its platform technology into unique products and (sub)systems. Cees Links, CEO of SuperLight Photonics: "Our mission is to leverage our platform technology with active support from our investors. We aim for a swift market entry, relying on the robust photonics ecosystem in the Netherlands and Twente. In the coming years, SuperLight Photonics is poised for significant growth, market establishment, and further scaling. We eagerly anticipate market responses to our upcoming product launches at the PIC Summit Europe photonics event on November 7th and 8th in Eindhoven." Dr. Haider Zia, CTO of SuperLight Photonics: "We are delighted with our two new investors, both active within the Dutch photonics ecosystem. Their deep knowledge and extensive networks, both nationally and internationally, are an invaluable addition. They support the continued development of new knowledge within our photonics applications, emphasizing our commitment to technological advancement." Ronald Maurer, partner at DeepTechXL: "DeepTechXL is thrilled to invest in further developing SuperLight Photonics' platform technology and actively supporting CEO Cees Links and founder Haider Zia, in collaboration with Oost NL. The unique technology aligns with our goals of achieving societal objectives such as faster, more cost-effective data generation and disease detection. In the long run, it could also contribute to more energy-efficient data exchange." Jacob Issa, investment manager Tech at Oost NL: "SuperLight Photonics is a brilliant example of innovative entrepreneurship in synergy with knowledge institutions in Twente. Through Innovatiefonds Overijssel, a fund of the Province of Overijssel managed by Oost NL, we can contribute to the solid establishment and growth of a unique photonics company. Ultimately, this technology can make a substantial contribution to critical challenges of our time in various sectors. Through further connections and collaborations with photonics companies in Twente, the Netherlands, and beyond, SuperLight Photonics can rapidly evolve in the coming years." 👉 Full press release https://lnkd.in/eeazT2xG 👉 Nederlands persbericht https://lnkd.in/eRpgJSnS #SuperLightPhotonics #Photonics #IntegratedPhotonics #SupercontinuumLaser #PIC #PhotonIC #
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ICYMI: An overview of global semiconductor-related funding in February 2024, looking at 49 startups that raised over $800 million across quantum tech, photonics and more https://ow.ly/Syg550R0rAC #semiconductors #deeptech #criticaltechnologies #quantum #quantumcomputing
Startup Funding: February 2024
https://semiengineering.com
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💥 Photonics Finland member SeeTrue Technologies is one of the 10 Startups Selected for Round Seven of Luminate NY! Empire State Development (ESD) today announced the companies selected to take part in round seven of the Luminate NY accelerator program, investment fund, and competition. A total of 137 applications from 25 different countries were received for consideration to participate in the world’s largest accelerator for startups working on industry-first solutions that are enabled by optics, photonics, and imaging (OPI). The companies were selected after pitching their innovative ideas and being scored by an advisory panel comprised of industry experts. Each finalist will receive an initial investment of $100,000 and will have the chance to compete for up to $2 million in follow-on funding upon completion of the accelerator program. The cohort will begin on April 8, 2024, and conclude in late September. SeeTrue Technologies provides advanced eye tracking technology featuring a robust sensing solution for use in health care, augmented and virtual reality, and industry applications #sensing #photonics #fotoniikka #photonicseu #technology #augmentedreality #virtualreality #eyetracking #industry See link in comments 👇
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Congratulations QuantaMap! Today, the company announced its €1,4m investment round. ➝ Leiden-based quantum startup QuantaMap just announced it raised an early-stage investment round, to produce quality assurance tech for the production of quantum computer chips. Like TNW just wrote while covering the news: 'The quantum revolution will not happen unless an entire ecosystem comes together, each part reaching the highest potential of its own expertise. And plenty of that development is happening in the Netherlands.' QuantaMap aims to become the backbone of chip R&D and quality assurance in our industry; the standard for ensuring that every qubit on every chip performs optimally. “Imagine if every quantum researcher and manufacturer had a finely tuned compass to navigate the uncharted quantum landscape of their chips; that's what we are creating,” said QuantaMap CEO, Johannes Jobst. QDNL Participations led the funding round which, combined with our grant for SMEs, will be used to further develop the technology and scale production capabilities as the startup prepares to go to market. 🗞️ Read all the details in the press release on the QDNL Participations website, or on TNW, Silicon Canals, Emerce. Congratulations to the entire team! 🎉 💡 QDNL Participations will invest €15 million into early-stage Dutch quantum computing startups in the coming years. The QDNL Participations fund provides the bridge between the grant-giving phase of research and the 'patient capital' phase of venture investment. 💡 Our SME programme is a collaborative effort of Quantum Delta NL, Nano4Society and MinacNed, which aims to connect 125 high-tech Dutch SME companies to enhance the added value of SMEs in quantum technology. Over the next seven years, a total of 35 million euros will be available for this purpose. #quantum #deeptech #QDNL #QDNLparticipations Infinity QD Leiden Institute of Physics
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🚀 Exciting Funding News Alert! 🚀 QuantumDiamonds, our alumni of batch #12 successfully closed a €7M seed round, led by IQ Capital and Earlybird Venture Capital! 💎 QuantumDiamonds specializes in the creation of quantum sensors at the atomic scale, allowing for non-destructive, nano-scale imaging of magnetic fields. These sensors find applications in diverse industries such as semiconductor manufacturing and medical diagnostics. According to Kevin Berghoff, Co-Founder and CEO at QuantumDiamonds: “𝘞𝘦 𝘢𝘳𝘦 𝘢𝘵 𝘵𝘩𝘦 𝘧𝘰𝘳𝘦𝘧𝘳𝘰𝘯𝘵 𝘰𝘧 𝘳𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘪𝘴𝘪𝘯𝘨 𝘴𝘦𝘯𝘴𝘪𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘰𝘶𝘳 𝘸𝘰𝘳𝘬 𝘢𝘵 𝘘𝘶𝘢𝘯𝘵𝘶𝘮𝘋𝘪𝘢𝘮𝘰𝘯𝘥𝘴, 𝘢𝘥𝘷𝘢𝘯𝘤𝘪𝘯𝘨 𝘣𝘰𝘵𝘩 𝘴𝘦𝘮𝘪𝘤𝘰𝘯𝘥𝘶𝘤𝘵𝘰𝘳 𝘮𝘢𝘯𝘶𝘧𝘢𝘤𝘵𝘶𝘳𝘪𝘯𝘨 𝘢𝘯𝘥 𝘣𝘳𝘦𝘢𝘬𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘴 𝘪𝘯 𝘰𝘵𝘩𝘦𝘳 𝘤𝘳𝘪𝘵𝘪𝘤𝘢𝘭 𝘧𝘪𝘦𝘭𝘥𝘴 𝘴𝘶𝘤𝘩 𝘢𝘴 𝘣𝘪𝘰𝘭𝘰𝘨𝘺 𝘢𝘯𝘥 𝘤𝘩𝘦𝘮𝘪𝘴𝘵𝘳𝘺 𝘰𝘯 𝘢 𝘨𝘭𝘰𝘣𝘢𝘭 𝘴𝘤𝘢𝘭𝘦. 𝘛𝘩𝘦 𝘧𝘶𝘯𝘥𝘪𝘯𝘨 𝘸𝘪𝘭𝘭 𝘦𝘯𝘢𝘣𝘭𝘦 𝘶𝘴 𝘵𝘰 𝘮𝘰𝘷𝘦 𝘵𝘰𝘸𝘢𝘳𝘥𝘴 𝘵𝘩𝘦 𝘭𝘢𝘶𝘯𝘤𝘩 𝘰𝘧 𝘰𝘶𝘳 𝘧𝘪𝘳𝘴𝘵 𝘤𝘰𝘮𝘮𝘦𝘳𝘤𝘪𝘢𝘭 𝘱𝘳𝘰𝘥𝘶𝘤𝘵, 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘦𝘹𝘱𝘢𝘯𝘴𝘪𝘰𝘯 𝘰𝘧 𝘰𝘶𝘳 𝘲𝘶𝘢𝘯𝘵𝘶𝘮 𝘦𝘯𝘨𝘪𝘯𝘦𝘦𝘳𝘪𝘯𝘨 𝘵𝘦𝘢𝘮." IQ Capital, Earlybird, Onsight Ventures, First Momentum Ventures, Creator Fund, UnternehmerTUM, along with several angel investors from the semiconductor industry, have collectively contributed €3 million. Additionally, the European Innovation Council (EIC) Accelerator and the Bavarian state are extending €4 million in grant funding. Cheers to Kevin Berghoff (CEO), Kristina Liu (COO), and Fleming Bruckmaier (CTO) and your team for this remarkable achievement. Read more here: https://lnkd.in/dppMeNQ8
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Diamond chips in diamond hands 💎 Our most recent investment at Asterion is DIAMFAB, a deeptech startup pioneering synthetic diamond technology for the semiconductor industry. Born in the "Alpes Valley", the company is a spinout of CNRS where Gauthier Chicot and Khaled Driche received their PhDs in nanoelectronics and were recognized researchers in the field of semiconducting diamond. Their third co-founder Ivan Llaurado used to lead a division at Schneider Electric. Because diamond is naturally more resistant to high temperatures and more energy-efficient, Diamfab envisions a future in which synthetic diamond will replace silicon carbide as the main component of semi-conductors. Their long-term goal is to make more efficient semiconductors with a much lower carbon footprint. At Asterion Ventures, we are dedicated to supporting the most ambitious teams with carefully curated groups of angels - 50 entrepreneurs and C-Levels invested alongside us in Diamfab -. We are leading this investment together with French Tech Seed Fund by Bpifrance, KREAXI, Better Angle, Hello Tomorrow and Grenoble-Alpes Métropole. The future is bright for Diamfab.
French deep tech spinout Diamfab crystallizes hopes for diamond semiconductors to support green transition | TechCrunch
https://techcrunch.com
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Nestled in the heart of the Alps, Grenoble is quietly transforming into Europe's deeptech powerhouse. 🚀 Recent massive fundraisings are putting this French city on the global innovation map, thanks to an insightful article by Sifted. 🔍 Tech Diversity: Verkor's €2bn gigafactory plans. Aledia's $120m for microscreen tech. GreenWaves' $20m for fabless semiconductors. Quobly's €19m for quantum computing. Renaissance Fusion's $19m for nuclear fusion. 🤝 Collaboration Hub: Universities like CEA-Leti and Université Grenoble Alpes. Innovation hubs like MINATEC micro and nanotechnology campus. Public and private labs, including major tech players like #Google, Salesforce, #Oracle, #HP, and #Apple. 💡 Grenoble's DNA: Strong ties between academia and industry. 'Lab to Fab' model fostering research to innovation to commercialization. Historical roots in hydroelectric plants and Nobel laureate Louis Néel's influence. 🌐 Deeptech Funding Surge: Grenoble ranks 4th in European deeptech funding. €1.2bn raised in 2023, competing with Munich. EU Chips Act and France 2030 Plan catalyzing semiconductor and advanced tech investments. 🚀 Venture Capital Momentum: Changing mindset: from state and corporate funding to venture capital. VCs recognizing Grenoble's potential, mirroring the European shift towards deeptech. 👩💼 Talent Magnet: Grenoble's 30k researchers, 7.6% R&D jobs. Collaborative environment between academia and industry. "Lab to Fab" approach attracting diverse talent. 📈 Grenoble's Future: Accelerated growth post-Covid. Major players like Soitec and STMicroelectronics investing billions in semiconductor production. Grenoble's unique position in the European tech landscape. 🔗 Dive into the full article by Sifted: https://lnkd.in/gGZ5SfZa #GrenobleInnovation #Deeptech #Startups #Entrepreneur #sparksense
How Grenoble became Europe’s deeptech hotspot
sifted.eu
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Dresden-based #SEMRON Raises €7.3M Seed Funding. SEMRON creates potent, energy-efficient computer chips that improve AI functionality in small, smart #gadgets. The company’s novel method to chip design makes use of three-dimensional space, enabling previously #unheard-of efficiency gains. Current processors have issues with size, cost, and energy #consumption, which makes them less #appropriate for AI models in the future on smaller smart devices. Alternative strategies ignore the #requirement for cost reductions, memory density to prevent the size of AI models from exploding, or the inability to run several classes of AI algorithms in favor of #concentrating on a particular #technical aspect like energy efficiency. Lead the current funding round, Join Capital had participation from new investors SquareOne, OTB Ventures, Hermann Hauser (Onsight Ventures), and Pre-Seed investors Dr. Wolfram Drescher (BlueWonder), Andreas Werner and Sven Sieber (Gigahertz Ventures), and Hans Rohrer, the former president of TSMC who oversaw the company’s European operations, continued to support the round. With the additional funding, SEMRON will #accelerate the development of hardware and compilers, staff growth, and #internationalization. By year’s end, the #corporation wants to triple its staff. SEMRON goal is to develop artificial intelligence chips with the #smallest possible footprint without sacrificing #processing power. They require a very high compute density for this. SEMRON JOIN CAPITAL SquareOne Venture Capital OTB Ventures Georg Stockinger Jan Borgstädt To share your startup story write us on - contact@startuprise.co.uk #semron #funding #eustartup
[Funding alert] Dresden-based SEMRON Raises €7.3M Seed Funding
https://startuprise.co.uk
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The Quantonation team is thrilled to share that we have achieved the #FirstClosing of our new Quantonation II fund, securing €70 million in commitments. This is a significant milestone as we embark on our journey towards our ultimate target of €200 million. The Quantonation II fund represents our continued commitment to driving innovation in quantum technology. We are dedicated to supporting visionary startups that are poised to revolutionize industries worldwide. We have already made four investments: 1️⃣ Quantum Computing: Diraq (silicon spin qubits) - Our first investment in the promising Asia-Pacific region, is advancing quantum computing with its innovative approach to silicon spin qubits. 2️⃣ Quantum Materials: PioniQ (quantum materials for energy storage) is leading the charge in developing quantum materials for advanced energy storage solutions, addressing crucial sustainability challenges. 3️⃣ Innovative Physics: Resolve Stroke (high-resolution acoustic imaging) is transforming stroke diagnosis and treatment with its high-resolution acoustic imaging technology. 4️⃣ Innovative Physics : SteerLight is revolutionizing Lidar technology with its innovative solutions, offering enhanced precision for autonomous vehicles and industrial automation. We are convinced that these investments will have have a significant impact and create value for our investors. Thank you to our LPs, portfolio companies and partners for their continued trust and confidence in our vision. Together, we are shaping the future of quantum technology! #QuantumTechnology #VentureCapital #Innovation #Startups #Investments #Quantonation Christophe Jurczak Olivier Tonneau William Zeng Jean-Gabriel Boinot-Tramoni Pauline Boucher Joseph Maillard Aleksandra Krivokapic Charles Beigbeder Eléonore de Rose Bpifrance Bradley Bloom https://lnkd.in/edK-jgvM Photo credit : Charlène YVES
Quantonation announces the first closing of its new €200 million fund dedicated to Quantum Technologies • Quantonation
https://www.quantonation.com
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