SCT PhotonVentures Fund I receives €5m investment from Invest-NL

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SCT PhotonVentures Fund I receives €5m investment from Invest-NL

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Netherlands-based independent deep-tech venture capital fund PhotonVentures has received investment from national financing and development institution Invest-NL and a group of new private investors, with Invest-NL contributing €5m. This not only strengthens the fund’s capital base but also underscores the importance of the photonics industry for the Netherlands, as well as its competitive position in Europe and globally, says PhotonVentures. Integrated photonics is one of the key technologies in which Europe, and particularly the Netherlands, plays a significant role. To maintain this position, substantial investments from both the private and public sectors are essential, it adds...

Source: https://www.semiconductor-today.com/new ... 1024.shtml
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