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Eindhoven-based SMART Photonics, a company that focuses on a foundry for photonic integrated circuits, announced on Wednesday that it has secured an additional €100M in funding.
Key strategic players from the semiconductor industry, including ASML, NXP, and VDL Groep, participated in the funding round.
Financial institutions such as ING, BOP Impact Ventures, and the Deep Tech Fund, affiliated with Invest-NL and partly financed by the Ministry of Economic Affairs and Climate Policy, joined as investors in this funding round.
Previous investors, including Innovation Industries, BOM, PhotonDelta, and KPN Ventures, have joined this funding round again.