EFFECT Photonics

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Dutch photonic chip maker EFFECT Photonics raises €34.9M to scale its integrated optics production

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: EFFECT Photonics

Eindhoven-based EFFECT Photonics, a company that develops highly integrated optics solutions, announced that it has secured $38M (nearly €34.95M) in a Series D round of funding. The investment was led by Innovation Industries Strategic Partners Fund, backed by Dutch pension funds PMT and PME, along with co-investor Invest-NL Deep Tech Fund and participation from other existing investors.

The infusion of funds will accelerate the progress and market introduction of EFFECT Photonics’ solutions, facilitating the scaling of production to cater to increasing customer requirements. With a primary focus on enhancing its integrated product portfolio, EFFECT Photonics aims to significantly reduce the costs, size, and power consumption of high-speed fibre optics communication solutions.

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