PhotonVentures closes second fundraising round for its fund at €75 million
Breukelen, Netherlands - 16 April 2024 - PhotonVentures, the deep tech venture capital fund focused on startups and scale-ups developing solutions with photonic chips, is proud to announce that its second fundraising round of over €15 million has been successfully completed, bringing the fund's total to the targeted €75 million. The enthusiasm in the market for participating in this round underscores the confidence in PhotonVentures’ mission to support growth and capitalise on the rapidly developing integrated photonics semiconductor industry. The fund targets essential applications in data transmission, health diagnostics, and smart sensor systems, while also aligning with major global trends such as AI and AR/VR.