Lightium, a Zurich, Switzerland-based photonics startup, raised $7M in Seed funding.
The round was led by Vsquared Ventures and Lakestar.
The company intends to use the funds to accelerate the commercialisation of its production-grade thin-film lithium niobate (TFLN) photonic integrated circuits (PICs) foundry services.
Founded by Dr. Amir Ghadimi, Dr. Frédéric Loizeau, and MIT professor and serial entrepreneur Prof. Dirk Englund, Lightium is offering Photonic Integrated Circuits (PIC) foundry and design services based on its proprietary, production-grade, thin-film lithium niobate (TFLN) platform. Its solution accelerates the photonic breakthroughs of its customers, offering them high photonic performance, a simplified and cost-effective supply chain, and rapid scale-up capabilities from prototyping to large-volume manufacturing.
The solution empowers the next generation of photonic solutions in a wide range of industries, including Telecom, Datacom, Quantum Computing, AI, and Space.
FinSMEs
19/09/2024