Ephos

Assembly Line

NATO-backed chip startup Ephos raises $8.5 mln for Italian operations

πŸ“… Date:

πŸ”– Topics: Funding Event

🏒 Organizations: Ephos, Defence Innovation Accelerator


Chip startup Ephos, which is part of a NATO programme to encourage defence innovation, said it has raised $8.5 million towards a Milan research and production facility.

The European firm, whose technology spans several areas seen as promising for computer chip advances, also said it had received a 450,000 euro ($500,000) grant from NATO’s Defence Innovation Accelerator, which was launched in 2023.

Ephos makes photonic chips, which use light instead of electricity, which means faster chips that generate less heat. It also uses glass, rather than silicon, as a base for its chips, which promises less signal loss and denser connections.

Read more at Reuters