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PhotonVentures raises €60m to invest in Europe’s photonic chip start-ups
What happened
PhotonVentures has launched a €60 million venture capital fund focused on early-stage European photonic chip start-ups, with PhotonDelta as the lead investor. The fund plans to raise a total of €100-150 million, with a final close targeted for early 2024, aiming to bolster the European photonics ecosystem. Neutral: This is a long-term capital injection into an emerging, specialized technology sector with no immediate impact on trading dynamics for mainstream electronic components.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
Photonic Chips
fundingventure-capitalphotonics
Source and time
Source: Semiconductor Today · 9/1/2023 · View original source
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