Effect Photonics Raises $40M in Additional Funding
- Effect Photonics, an Eindhoven, The Netherlands-based developer of highly integrated optical solutions, raised an additional $40m in funding
- The round was led by Invest-NL and Innovation Industries, along with other existing investors
- The company intends to use the funds to accelerate product development and go-to-market initiatives, specifically those related to its integrated coherent optical product portfolio and solutions
- EffectPhotonics is a vertically integrated, independent optical systems company addressing the need for high-performance, affordable optic solutions driven by the demand for bandwidth and faster data transfer capabilities
- Effect aims to make products available in high volumes to address the challenges in 5G and beyond, access-ready coherent solutions, and cloud and cloud edge services
