Effect Photonics raises $37M to develop single-chip coherent optics
12 Mar 2021
First close of its Series C round, co-led by Smile Invest and existing investor Innovation Industries.
10Gbps 40km DWDM narrow tunable SFP+ transceiver for mobile fronthaul.Effect Photonics has this week announced the $37M (â¬31M) first close of its Series C funding 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 (photonic integrated circuit).
Smile Invest is joined in backing the Eindhoven, Netherlands-based firm, by existing investors including Innovation Industries Fund, Photon Delta, btov Partners, Brabant Development Agency, and individual investors.