SCT PhotonVentures raises €60m to invest in Europe’s photonic chip start-ups

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SCT PhotonVentures raises €60m to invest in Europe’s photonic chip start-ups

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PhotonVentures has launched a venture capital fund aimed at early-stage photonic chip start-ups and scale-ups. €60m was raised in its first financing round, with Netherlands-based PhotonDelta as the lead investor (via the transfer of its portfolio to PhotonVentures) alongside numerous private investors. PhotonVentures plans to raise a total of €100–150m, with its final close set for the start of 2024...

Source: https://www.semiconductor-today.com/new ... 0923.shtml
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