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🌟 Exciting news: SuperLight Photonics secures seed funding in investment round with DeepTechXL and Oost NL 🌟 SuperLight Photonics, a spin-off from the University of Twente, is developing a wideband laser that can serve as a 'light source' in various measurement and detection applications. Today, the company announces the completion of a seed investment round. The round is led by Dutch Deep Tech investor DeepTechXL in collaboration with Oost NL. With this investment, SuperLight Photonics will further develop its platform technology into unique products and (sub)systems. Cees Links, CEO of SuperLight Photonics: "Our mission is to leverage our platform technology with active support from our investors. We aim for a swift market entry, relying on the robust photonics ecosystem in the Netherlands and Twente. In the coming years, SuperLight Photonics is poised for significant growth, market establishment, and further scaling. We eagerly anticipate market responses to our upcoming product launches at the PIC Summit Europe photonics event on November 7th and 8th in Eindhoven." Dr. Haider Zia, CTO of SuperLight Photonics: "We are delighted with our two new investors, both active within the Dutch photonics ecosystem. Their deep knowledge and extensive networks, both nationally and internationally, are an invaluable addition. They support the continued development of new knowledge within our photonics applications, emphasizing our commitment to technological advancement." Ronald Maurer, partner at DeepTechXL: "DeepTechXL is thrilled to invest in further developing SuperLight Photonics' platform technology and actively supporting CEO Cees Links and founder Haider Zia, in collaboration with Oost NL. The unique technology aligns with our goals of achieving societal objectives such as faster, more cost-effective data generation and disease detection. In the long run, it could also contribute to more energy-efficient data exchange." Jacob Issa, investment manager Tech at Oost NL: "SuperLight Photonics is a brilliant example of innovative entrepreneurship in synergy with knowledge institutions in Twente. Through Innovatiefonds Overijssel, a fund of the Province of Overijssel managed by Oost NL, we can contribute to the solid establishment and growth of a unique photonics company. Ultimately, this technology can make a substantial contribution to critical challenges of our time in various sectors. Through further connections and collaborations with photonics companies in Twente, the Netherlands, and beyond, SuperLight Photonics can rapidly evolve in the coming years." 👉 Full press release https://lnkd.in/eeazT2xG 👉 Nederlands persbericht https://lnkd.in/eRpgJSnS #SuperLightPhotonics #Photonics #IntegratedPhotonics #SupercontinuumLaser #PIC #PhotonIC #

We encourage you to get your pitch on and join the #backtoschool #photonic pitching session! See you soon! #photonics #investing #startups #hardware #academia #deeptech #community #opportunity #pitchingsession #pitchphotonics

ICYMI: An overview of global semiconductor-related funding in February 2024, looking at 49 startups that raised over $800 million across quantum tech, photonics and more https://ow.ly/Syg550R0rAC #semiconductors #deeptech #criticaltechnologies #quantum #quantumcomputing

💥 Photonics Finland member SeeTrue Technologies is one of the 10 Startups Selected for Round Seven of Luminate NY! Empire State Development (ESD) today announced the companies selected to take part in round seven of the Luminate NY accelerator program, investment fund, and competition. A total of 137 applications from 25 different countries were received for consideration to participate in the world’s largest accelerator for startups working on industry-first solutions that are enabled by optics, photonics, and imaging (OPI). The companies were selected after pitching their innovative ideas and being scored by an advisory panel comprised of industry experts. Each finalist will receive an initial investment of $100,000 and will have the chance to compete for up to $2 million in follow-on funding upon completion of the accelerator program. The cohort will begin on April 8, 2024, and conclude in late September. SeeTrue Technologies provides advanced eye tracking technology featuring a robust sensing solution for use in health care, augmented and virtual reality, and industry applications #sensing #photonics #fotoniikka #photonicseu #technology #augmentedreality #virtualreality #eyetracking #industry See link in comments 👇

Though 2022 ended with talk of a “quantum winter”, the appetite VCs have for backing quantum startups hasn’t completely waned. 👀 We asked four investors, with experience of backing founders in the sector, which quantum startups are on their radar. Amongst them were... 🩺 Chipiron, a France-based startup aiming to make MRI accessible to all via quantum technology, by building more affordable machines which would use "SQUIDS" to ease requirements in the magnetic fields. 💊 Algorithmiq, aims to leverage the power of quantum computing so that new drugs can be discovered, invented and brought to market quickly, efficiently and cost-effectively, leading to more precise medical treatments. 💎 DIAMFAB, a Grenoble-based spinout from the Neel Institute of Engineering and Management develops synthetic diamonds for microelectronics, which can withstand extreme conditions — a solution which has great potential as a substitute for silicon in various applications. 👨💻 ParityQC, an Austrian-based startup, is the only quantum architecture company worldwide focusing on developing blueprints and operating systems for quantum computers, such as optimisation and error-correcting. Tim Smith explores the rest of the startups below, recommended by Runa Capital's Dmitry Galperin, HTGF | High-Tech Gründerfonds' Gernot Berger, Amadeus Apex Technology Fund's Andreas Riegler, and Quantum Exponential 's Stuart Woods. #quantumcomputing #quantumtechnology #quantum #deeptech

We are excited to share with you three quantum technology ventures that we have nominated as "quantum startups to watch in Europe" in a recent article by Sifted. These companies are at the forefront of quantum algorithmic and architecture encryption and poised to revolutionize their respective industries. It’s especially great to see that all three companies have strong female leaders steering their direction! First up is BEIT, which provides forward-looking hardware-agnostic quantum algorithms followed by hardware design recommendations intended to accelerate the benefits of business-relevant quantum computing. (Paulina Mazurek, Witek Jarnicki) Followed by Algorithmiq - they are harnessing the potential of quantum computing to solve complex problems in life sciences and realise a paradigm shift in drug discovery and development. (Sabrina Maniscalco, Guillermo García-Pérez) And last but not least ParityQC the only quantum architecture company worldwide focusing on developing blueprints and operating systems for quantum computers, such as optimisation and error-correcting. (Magdalena Hauser, Wolfgang Lechner) At APEX Ventures and Amadeus Capital Partners, we are enthusiastic about watching these and many other companies develop in the quantum technology space. Thank you, Tim Smith from Sifted for putting the light on this emerging part of tech: https://lnkd.in/djT-r4Dh #quantum #quantumtechnologies #startups #startupsuccess Andrea Traversone, Susanne K. Schorsch, James Baker, Wolfgang Neubert, Pierre Socha, Amelia Armour, Nick Kingsbury, Dr. Gordon Euller, Dr. Diana Röttger

Congratulations QuantaMap! Today, the company announced its €1,4m investment round. ➝ Leiden-based quantum startup QuantaMap just announced it raised an early-stage investment round, to produce quality assurance tech for the production of quantum computer chips. Like TNW just wrote while covering the news: 'The quantum revolution will not happen unless an entire ecosystem comes together, each part reaching the highest potential of its own expertise. And plenty of that development is happening in the Netherlands.' QuantaMap aims to become the backbone of chip R&D and quality assurance in our industry; the standard for ensuring that every qubit on every chip performs optimally. “Imagine if every quantum researcher and manufacturer had a finely tuned compass to navigate the uncharted quantum landscape of their chips; that's what we are creating,” said QuantaMap CEO, Johannes Jobst. QDNL Participations led the funding round which, combined with our grant for SMEs, will be used to further develop the technology and scale production capabilities as the startup prepares to go to market. 🗞️ Read all the details in the press release on the QDNL Participations website, or on TNW, Silicon Canals, Emerce. Congratulations to the entire team! 🎉 💡 QDNL Participations will invest €15 million into early-stage Dutch quantum computing startups in the coming years. The QDNL Participations fund provides the bridge between the grant-giving phase of research and the 'patient capital' phase of venture investment. 💡 Our SME programme is a collaborative effort of Quantum Delta NL, Nano4Society and MinacNed, which aims to connect 125 high-tech Dutch SME companies to enhance the added value of SMEs in quantum technology. Over the next seven years, a total of 35 million euros will be available for this purpose. #quantum #deeptech #QDNL #QDNLparticipations Infinity QD Leiden Institute of Physics

Diamond chips in diamond hands 💎 Our most recent investment at Asterion is DIAMFAB, a deeptech startup pioneering synthetic diamond technology for the semiconductor industry. Born in the "Alpes Valley", the company is a spinout of CNRS where Gauthier Chicot and Khaled Driche received their PhDs in nanoelectronics and were recognized researchers in the field of semiconducting diamond. Their third co-founder Ivan Llaurado used to lead a division at Schneider Electric. Because diamond is naturally more resistant to high temperatures and more energy-efficient, Diamfab envisions a future in which synthetic diamond will replace silicon carbide as the main component of semi-conductors. Their long-term goal is to make more efficient semiconductors with a much lower carbon footprint. At Asterion Ventures, we are dedicated to supporting the most ambitious teams with carefully curated groups of angels - 50 entrepreneurs and C-Levels invested alongside us in Diamfab -. We are leading this investment together with French Tech Seed Fund by Bpifrance, KREAXI, Better Angle, Hello Tomorrow and Grenoble-Alpes Métropole. The future is bright for Diamfab.

🚀 Exciting Funding News Alert! 🚀 QuantumDiamonds, our alumni of batch #12 successfully closed a €7M seed round, led by IQ Capital and Earlybird Venture Capital! 💎 QuantumDiamonds specializes in the creation of quantum sensors at the atomic scale, allowing for non-destructive, nano-scale imaging of magnetic fields. These sensors find applications in diverse industries such as semiconductor manufacturing and medical diagnostics. According to Kevin Berghoff, Co-Founder and CEO at QuantumDiamonds: “𝘞𝘦 𝘢𝘳𝘦 𝘢𝘵 𝘵𝘩𝘦 𝘧𝘰𝘳𝘦𝘧𝘳𝘰𝘯𝘵 𝘰𝘧 𝘳𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘪𝘴𝘪𝘯𝘨 𝘴𝘦𝘯𝘴𝘪𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘰𝘶𝘳 𝘸𝘰𝘳𝘬 𝘢𝘵 𝘘𝘶𝘢𝘯𝘵𝘶𝘮𝘋𝘪𝘢𝘮𝘰𝘯𝘥𝘴, 𝘢𝘥𝘷𝘢𝘯𝘤𝘪𝘯𝘨 𝘣𝘰𝘵𝘩 𝘴𝘦𝘮𝘪𝘤𝘰𝘯𝘥𝘶𝘤𝘵𝘰𝘳 𝘮𝘢𝘯𝘶𝘧𝘢𝘤𝘵𝘶𝘳𝘪𝘯𝘨 𝘢𝘯𝘥 𝘣𝘳𝘦𝘢𝘬𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘴 𝘪𝘯 𝘰𝘵𝘩𝘦𝘳 𝘤𝘳𝘪𝘵𝘪𝘤𝘢𝘭 𝘧𝘪𝘦𝘭𝘥𝘴 𝘴𝘶𝘤𝘩 𝘢𝘴 𝘣𝘪𝘰𝘭𝘰𝘨𝘺 𝘢𝘯𝘥 𝘤𝘩𝘦𝘮𝘪𝘴𝘵𝘳𝘺 𝘰𝘯 𝘢 𝘨𝘭𝘰𝘣𝘢𝘭 𝘴𝘤𝘢𝘭𝘦. 𝘛𝘩𝘦 𝘧𝘶𝘯𝘥𝘪𝘯𝘨 𝘸𝘪𝘭𝘭 𝘦𝘯𝘢𝘣𝘭𝘦 𝘶𝘴 𝘵𝘰 𝘮𝘰𝘷𝘦 𝘵𝘰𝘸𝘢𝘳𝘥𝘴 𝘵𝘩𝘦 𝘭𝘢𝘶𝘯𝘤𝘩 𝘰𝘧 𝘰𝘶𝘳 𝘧𝘪𝘳𝘴𝘵 𝘤𝘰𝘮𝘮𝘦𝘳𝘤𝘪𝘢𝘭 𝘱𝘳𝘰𝘥𝘶𝘤𝘵, 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘦𝘹𝘱𝘢𝘯𝘴𝘪𝘰𝘯 𝘰𝘧 𝘰𝘶𝘳 𝘲𝘶𝘢𝘯𝘵𝘶𝘮 𝘦𝘯𝘨𝘪𝘯𝘦𝘦𝘳𝘪𝘯𝘨 𝘵𝘦𝘢𝘮." IQ Capital, Earlybird, Onsight Ventures, First Momentum Ventures, Creator Fund, UnternehmerTUM, along with several angel investors from the semiconductor industry, have collectively contributed €3 million. Additionally, the European Innovation Council (EIC) Accelerator and the Bavarian state are extending €4 million in grant funding. Cheers to Kevin Berghoff (CEO), Kristina Liu (COO), and Fleming Bruckmaier (CTO) and your team for this remarkable achievement. Read more here: https://lnkd.in/dppMeNQ8

🚀 Exciting news in quantum technology!   In this morning’s Sifted article, Anders Kjær, General Partner at PSV DeepTech, weighs in on Novo Nordisk's ambitious move to allocate €188 million towards establishing a quantum startup ecosystem in Denmark. Novo Holdings stands out as a pioneering force in quantum technology investment within Denmark. This commitment, coupled with the government's pledge of €160 million for quantum initiatives, alongside various institutional grants, underscores Denmark's position with the world's highest per capita investment in quantum technology 🌍💫   Anders Kjær highlights Denmark's promising quantum research potential, with the highest number of master students per capita globally. With renowned research institutions like the Niels Bohr Institute, University of Copenhagen, and the Deep Tech Lab - Quantum, we're fostering strong collaboration between industry, academia, and government. Novo Nordisk Foundation's substantial investments will fuel and accelerate this further 🎓🔬   At PreSeed Ventures (PSV), we're thrilled about the opportunities for quantum startups, and the PSV DeepTech team looks forward to engaging with visionary entrepreneurs and supporting groundbreaking ventures as Denmark solidifies its position as a quantum powerhouse 🚀   https://lnkd.in/dWp3vSDV