Effect Photonics, an Eindhoven, The Netherlands-based developer of highly integrated optical solutions, raised an additional $40m in funding.
The round was led by Invest-NL and Innovation Industries, along with other existing investors.
The company intends to use the funds to accelerate product development and go-to-market initiatives, specifically those related to its integrated coherent optical product portfolio and solutions.
Led by Roberto Marcoccia, CEO, Effect Photonics is a vertically integrated, independent optical systems company addressing the need for high-performance, affordable optic solutions driven by the demand for bandwidth and faster data transfer capabilities. Using its field-proven digital signal processing and forward error correction technologies and ultra-pure light sources, the company offers compact form factor solutions with seamless integration, cost efficiency, low power, and security of supply. By leveraging established microelectronics ecosystems, Effect aims to make products available in high volumes to address the challenges in 5G and beyond, access-ready coherent solutions, and cloud and cloud edge services.
FinSMEs
06/03/2023