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Photonics21 AGM: Light-based business beats global trends

LinkinVax Raises $4.35M in Seed Funding

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LinKinVax: LINKINVAX Raises €4.350 Million in Funding

TO ACCELERATE THE DEVELOPMENT OF ITS INNOVATIVE VACCINE PLATFORM LinKinVax, a clinical-stage biotechnology companyis announcing completion of a €4.350 million seed capital funding round. It was led

European Photonics Industry Growing Close to Double Global GDP Rate | Business | Jun 2021

The Technology and Science of Light- how Fast is the European Photonics Industry Growing?

Jun 09 2021 “With a global growth rate of CAGR 7 %, photonics is growing faster than many other high-tech industries, for example, the IT industry (4.5%), Medtech (4.9%), and Microelectronics (4%).” – Giorgio Anania The Photonics industry has proved to be one of Europe’s most resilient and fast-growing industries in recent years growing at more than double the rate of global GDP outperforming other market sectors segments according to the new ‘Market Research Study – Photonics 2020’ by deep technology research group Tematys. Covering the period from 2015-2019, the industry grew at a CAGR of 7% per year and was worth €103 billion. Job uptake significant An additional 30,000 jobs, taking the total employee level to over 390,000 employees during this time, represented an annual growth rate of 2.1% - twice as fast as European Manufacturing for the EU28 (around a 1% CAGR), the analyst said.