Aeponyx, a Montreal, Canada-based maker of micro optical switches, raised CAD$4.3m in seed financing.
The round was led by Fonds Innovexport and Ecofuel Fund, in partnership with private investors.
The company intends to use the funds to complete the development and industrialization of its planar micro optical switch chips based on a proprietary platform combining silicon photonics with micro-electrical-mechanical-system (MEMS).
Led by CEO Philippe Babin, CEO, Aeponyx designs and markets chips for fiber optic access to the cloud. With its patented technologies, combining planar Micro-Electro-Mechanical-Systems (MEMS) and Silicon Photonics, the company builds micro optical switches for tunable transceivers and optical circuit switches.
Aeponyx is an alumnus of Silicon Catalyst, a California based incubator focused exclusively on semiconductors.