Category: M&A, Partnerships and Funding

Polaris Electro-Optics technology graphic illustrating its high-speed electro-optic modulator platform for silicon photonics and AI interconnect applications, Photonics Industry Monthly.

Polaris Electro-Optics Raises $50M for AI Interconnects

Molly Bakewell Chamberlin

Polaris Electro-Optics has raised $50 million in Series B financing to move its high-speed electro-optic modulator technology toward commercial production for next-generation AI, data center and communications infrastructure. Led by Walden Catalyst Ventures, the financing will support product qualification, additional tapeouts, engineering expansion and higher-volume manufacturing as the company prepares its first commercial products for […]

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Data center infrastructure for GlobalFoundries and Marvell SiGe optical connectivity collaboration | Photonics Industry Monthly

GlobalFoundries, Marvell Technology Expand Optical Connectivity

Molly Bakewell Chamberlin

GlobalFoundries and Marvell Technology have expanded their long-standing collaboration through a recently announced multi-year agreement. The agreement will reportedly increase manufacturing capacity for GlobalFoundries’ silicon germanium (SiGe) technology at its Burlington, Vermont, facility. The additional capacity is anticipated to further support Marvell’s growing requirements for high-speed optical connectivity across AI and cloud data center infrastructure, […]

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Photonics Industry Monthly image of a silicon wafer close-up representing scalable photonic chip platforms for EU quantum technology initiatives. Components Source Network stock photo.

€50M EU P4Q Pilot Targets Scalable Quantum Photonic Chips

Molly Bakewell Chamberlin

A new European Union–backed quantum pilot project, Photonics for Quantum (P4Q), will launch in 2026 with a total investment of €50 million to improve the reliability and scalability of photonic chips for quantum applications. The initiative brings together a large consortium spanning more than a dozen European countries and is coordinated by the University of […]

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Photonics Industry Monthly image of a representative Optalysys photonic computing chip featuring the company logo.

Optalysys Raises £23m To Advance Photonic Computing

Molly Bakewell Chamberlin

Optalysys, a global designer and manufacturer of photonic computing technologies, has secured £23 million in a Series A extension round to accelerate the commercialization of its proprietary photonic chips and support expansion into the U.S. market. The round was led by Northern Gritstone, with participation from imec.xpand, Lingotto Horizon, and the UK government’s National Security […]

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