EFFECT Photonics raises USD 37m to develop single-chip coherent optics and scale production

EFFECT Photonics, News

12th March 2021

EFFECT Photonics, the world leading developer of optical transceivers, has announced the first closing of its Series C round. The USD 37m round is co-led by Smile Invest and joined by existing investors including btov Partners’ Industrial Technologies Fund, Innovation Industries, PhotonDelta, BOM (Brabantse Ontwikkelings Maatschappij) and individual investors.

The entrepreneurs from Eindhoven will use the fresh capital “to take the next leap forward, bringing even higher capacity “coherent” products to the network edges, as well as scaling existing production.”, as CEO James Regan stated.

We are very proud and happy for EFFECT Photonics and our partner Dr. Christian Reitberger from btov Industrial Technologies Fund, who closely accompanied the process from our side, and we congratulate the team very much.

Read more in the official press release.

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