{"id":14797,"date":"2024-04-16T16:02:41","date_gmt":"2024-04-16T16:02:41","guid":{"rendered":"http:\/\/TheNextWeb=1405787"},"modified":"2024-04-16T16:02:41","modified_gmt":"2024-04-16T16:02:41","slug":"dutch-deep-tech-fund-for-photonics-startups-reaches-e75m-after-second-close","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=14797","title":{"rendered":"Dutch deep tech fund for photonics startups reaches \u20ac75M after second close"},"content":{"rendered":"\n<div><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&amp;fit=1280%2C640&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F04%2Fai-generated-8334304_1280.jpg&amp;signature=eac371266b18d46aaad64ccc14e10fc3\" class=\"ff-og-image-inserted\"><\/div>\n<p>PhotonVentures, a Dutch deep <a href=\"https:\/\/thenextweb.com\/topic\/tech\" target=\"_blank\" rel=\"noopener\">tech<\/a> fund aiming to boost Europe\u2019s photonics industry, has closed its second fundraising round with over \u20ac15mn \u2014 bringing its total capital to \u20ac75mn.<\/p>\n<p>The fund targets <a href=\"https:\/\/thenextweb.com\/topic\/startups\" target=\"_blank\" rel=\"noopener\">startups<\/a> and scaleups developing solutions with photonic chips for a wide range of applications: from data transmission and health diagnostics to smart sensors, AI, AR, and VR.<\/p>\n<p>PhotonVentures will initially invest in 20 early-stage companies with international growth potential. It will focus on Seed to Series A rounds, with investments varying between \u20ac1mn and \u20ac2.5mn.<\/p>\n<p>The VC firm is a spinoff and strategic partner of PhotonDelta, a manufacturer of photonic microchips and a contributor to the integrated photonics sector in <a href=\"https:\/\/thenextweb.com\/topic\/europe\" target=\"_blank\" rel=\"noopener\">Europe<\/a>.<\/p>\n<p>PhotonVentures <a href=\"https:\/\/thenextweb.com\/news\/photonventures-raises-60m-photonics-startups-europe\" target=\"_blank\" rel=\"noopener\">raised \u20ac60mn<\/a> in its first fundraising round last year. Its aim is to reach \u20ac100mn for its initial fund by the end of 2024.<\/p>\n<div class=\"inarticle-wrapper channel-cta\">\n<div class=\"ica-text\" readability=\"0\"><a href=\"https:\/\/thenextweb.com\/conference\/tickets?utm_source=google&amp;utm_medium=display&amp;utm_campaign=global%7Ctnw_media%7Cevent_registration%7Cretargeting%7Coffer%7C2024_tnw_conference_amsterdam%7CTNW&amp;utm_content=2for1\" data-event-category=\"Article\" data-event-action=\"In Article Block\" data-event-label=\"TNW Conference 2024- 2for1 offer this week only!\" target=\"_blank\" readability=\"4\" rel=\"noopener\"><\/p>\n<p class=\"ica-text__title\">TNW Conference 2024- 2for1 offer this week only!<\/p>\n<p>Don&#8217;t miss out on the world-class speakers. Secure your 2for1 tickets before 23 April.<\/p>\n<p><\/a><\/div>\n<\/div>\n<p>\u201cWe want to support the photonics industry both in the Netherlands and Europe,\u201d Ewit Roos, General Partner at Photon Ventures, told TNW.<\/p>\n<p><span>The technology is crucial where light performs essential functions and is used in a wide range of applications,<\/span>&nbsp;including data communication, sensing, imaging, and defence.<\/p>\n<p>According to Roos, the fund\u2019s benefit is threefold: it provides capital, builds on the knowledge and experience of PhotonDelta and its network, and can work as a driver of further VC investment in the field.<\/p>\n<p>PhotonVentures\u2019s existing portfolio spans across multiple photonics fields and includes startups such as Delta Diagnostics, EFI, and Quix Quantum.<\/p>\n<p> <a href=\"https:\/\/thenextweb.com\/news\/dutch-deep-tech-fund-photonics-startups-reaches-e75m\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PhotonVentures, a Dutch deep tech fund aiming to boost Europe\u2019s photonics industry, has closed its second fundraising round with over \u20ac15mn \u2014 bringing its total capital to \u20ac75mn. The fund targets startups&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14798,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/14797"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14797"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/14797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/14798"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}