SCT PhotonDelta gains €1.1bn funding, including €470m from Netherlands’ National Growth Fund

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SCT PhotonDelta gains €1.1bn funding, including €470m from Netherlands’ National Growth Fund

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Integrated photonics industry accelerator PhotonDelta, a cross-border ecosystem of photonic chip technology organizations, has secured €1.1bn in public and private investment (subject to certain conditions, including: agreeing a strategic partnership with a foundry; research activity connected with applications of technology; and ongoing evaluation of PhotonDelta’s ecosystem). As part of the Dutch Government’s national plan to cement and expand the country’s position in integrated photonics, the investment includes €470m obtained through the National Growth Fund (Nationaal Groeifonds), while the rest is co-invested by various partners and stakeholders...

Source: http://www.semiconductor-today.com/news ... 0422.shtml
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