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Quintessent raises $11.5m in oversubscribed seed funding round

What happened

Quintessent Inc, a developer of quantum dot laser and silicon photonic integration technology, raised $11.5 million in an oversubscribed seed funding round led by Osage University Partners. The funding will support continued R&D in heterogeneous integration for photonic applications. Neutral: This is a long-term R&D milestone with no immediate impact on component supply, pricing, or trader inventory decisions.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

Silicon PhotonicsQuantum Dot Lasers
Quintessent Inc
fundingR&Dphotonics

Source and time

Source: Semiconductor Today · 3/27/2024 · View original source

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