EFFECT Photonics completes Series C funding round

April 22, 2021
EFFECT Photonics says the new money will go toward expanding its product line to address applications such as 5G networks, increasing production capacity, and funding R&D of its the next generation of PICs.

DWDM optical components developer EFFECT Photonics says it has completed its Series C funding with an additional $6 million from the Dutch impact investor Invest-NL. The new cash infusion raises the total for the round to $43 million.

EFFECT Photonics, which spun out from the Netherlands’ Eindhoven University of Technology in 2014 with an emphasis on InP-based photonic integration, has developed range of optical transceivers based on its own photonic integrated circuits (PICs; see, for example, "EFFECT Photonics offers 100G transceivers based on InP photonic integration"). Its latest advance is the Manta PIC, which the company asserts provides all the necessary photonic functions for coherent transmission applications.

The company announced the initial close of $37 million in Series C funding last month (see "EFFECT Photonics adds $37 million in Series C funding"). Smile Invest co-led that round with existing investor Innovation Industries Fund. Other investors in the company include Photon Delta, btov Partners, Brabant Development Agency (BOM), and individual investors.

EFFECT Photonics says the new money will go toward expanding its product line to address applications such as 5G networks, increasing production capacity, and funding R&D of its the next generation of PICs that the company expects will support capacities greater than 400 Gbps.

“As a company, we have come a long way to make the photonics technology market-ready. We are pleased that Invest-NL is joining our other investors in helping us scale up our production and enabling us to bring additional products to market quicker,” commented Boudewijn Docter, one of the founders and president of EFFECT Photonics.

“The Netherlands has a unique ecosystem for photonics technologies,” added Ruud Zandvliet, senior investment manager at Invest-NL. “EFFECT Photonics is a leading player in this field, capable of developing complex, fully integrated photonic chips. This offers the company the opportunity be a leading player as a manufacturer of the next generation of transceivers. By joining this investment round, Invest-NL contributes to the availability of financing for upscaling and future R&D investments. This is a good example of the role Invest-NL plays in increasing the strength of scale-ups and is in line with our objective of making the Netherlands more sustainable and innovative.”

For related articles, visit the Business Topic Center.

For more information on optical modules and suppliers, visit the Lightwave Buyer’s Guide.

To stay abreast of optical communications technology, subscribe to Lightwave’s Enabling Technologies Newsletter.

Sponsored Recommendations

Scaling Moore’s Law and The Role of Integrated Photonics

April 8, 2024
Intel presents its perspective on how photonic integration can enable similar performance scaling as Moore’s Law for package I/O with higher data throughput and lower energy consumption...

Coherent Routing and Optical Transport – Getting Under the Covers

April 11, 2024
Join us as we delve into the symbiotic relationship between IPoDWDM and cutting-edge optical transport innovations, revolutionizing the landscape of data transmission.

Constructing Fiber Networks: The Value of Solutions

March 20, 2024
In designing and provisioning a fiber network, it’s important to think of it as more than a collection of parts. In this webinar, AFL’s Josh Simer will show how a solution mindset...

Data Center Network Advances

April 2, 2024
Lightwave’s latest on-topic eBook, which AFL and Henkel sponsor, will address advances in data center technology. The eBook looks at various topics, ranging...