iPronics, a Valencia, Spain-based photonic computing company, raised €3.7M in funding.
The round was led by Amadeus Capital Partners, with participation from Caixa Capital Risc.
The company intends to use the funds to expand the engineering team and product development to bring to market its Field Programmable Photonic Gate Array (FPPGA) chip.
iPronics has developed a general-purpose photonic processor capable of programming high-speed light signals on-chip with flexibility. Processors share a common hardware platform that is reconfigurable by software. This solution enables the same hardware to be applied to limitless commercial applications including 5G communication, data centers, artificial intelligence, autonomous driving, quantum computing, and IoT.
FinSMEs
28/07/2022