Precision with Light Business: EFFECT Photonics Press Release
Precision with Light (Business Edition 5)
This is a Press Release coming from EFFECT Photonics, a highly vertically integrated, independent photonic semiconductor company, addressing the need for high-performance, affordable solutions driven by the ever-increasing demand for bandwidth and faster data transfer capabilities. EFFECT Photonics is headquartered in Eindhoven, The Netherlands, with additional facilities in the UK, the US, and Taiwan, and a worldwide network of sales partners. The press release is from last month, 3rd march 2023. It details new investments and additional funding from exisiting investors in EFFECT Photonics.
EFFECT Photonics Secures $40 Million in Additional Funding
Eindhoven, The Netherlands — EFFECT Photonics, a leading developer of highly integrated optical solutions, has secured an additional $40 million in funding from a group of investors led by Invest-NL and Innovation Industries, along with other existing investors.
The new investment enables the company to accelerate product development and fuel go-to-market initiatives, specifically those related to its integrated coherent optical product portfolio and solutions that meet the industry need for disaggregation of the key components for the growing needs of coherent optical interfaces.
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About EFFECT PHOTONICS
Where Light Meets Digital – EFFECT Photonics is a highly vertically integrated, independent optical systems company addressing the need for high-performance, affordable optic solutions driven by the ever-increasing demand for bandwidth and faster data transfer capabilities. Using our field-proven digital signal processing and forward error correction technologies and ultra-pure light sources, we offer compact form factor solutions with seamless integration, cost efficiency, low power, and security of supply. By leveraging established microelectronics ecosystems, we aim to make our products affordable and available in high volumes to address the challenges in 5G and beyond, access-ready coherent solutions, and cloud and cloud edge services.