{"id":452376,"date":"2023-07-12T10:15:58","date_gmt":"2023-07-12T08:15:58","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=452376"},"modified":"2023-07-12T10:15:58","modified_gmt":"2023-07-12T08:15:58","slug":"government-and-tech-giants-invest-e100-million-in-smart-photonics","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/government-and-tech-giants-invest-e100-million-in-smart-photonics\/","title":{"rendered":"Government and tech giants invest \u20ac100 million in SMART Photonics"},"content":{"rendered":"\n<p><a href=\"https:\/\/smartphotonics.nl\/\">SMART Photonics<\/a>, the Netherlands-based leader in photonic integrated circuits, has successfully raised an additional \u20ac100 million from a consortium of Dutch industry and financial entities. Key players from the semiconductor sector, including ASML, NXP and VDL Groep, are part of this investment round, alongside financial institutions such as ING, BOP Impact Ventures, and Deep Tech Fund. Previous investors have also re-invested. The Dutch government will contribute \u20ac60 million, says the company in a <a href=\"https:\/\/smartphotonics.nl\/smart-photonics-secures-e100-mln-in-additional-funding\/\">press release<\/a>. <\/p>\n\n\n\n<div class=\"io-block io-block__summary\"><ul><li>SMART Photonics has successfully raised \u20ac100 million.<\/li><li>The government&#8217;s involvement is remarkable.<\/li><li>SMART Photonics wants to strengthen its role as a leading manufacturer of chips in Europe.<\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Government support<\/h2>\n\n\n\n<p>The Dutch Government&#8217;s involvement in this funding round is noteworthy. They are contributing public funding as part of the approved National Growth Fund project PhotonDelta. Demissionary Minister Micky Adriaansens of Economic Affairs and Climate Policy stated, &#8220;We believe in the Netherlands as a leading international hub for the development of the fast-growing integrated photonics industry. That\u2019s why we invest both through the National Growth Fund project PhotonDelta in the whole ecosystem and through our dedicated Deep Tech Fund with specific funding for start-ups and scale-ups who focus on innovative complex technology such as SMART Photonics.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Leading manufacturer<\/h2>\n\n\n\n<p>With this funding, SMART Photonics aims to fortify its role as the leading manufacturer of next-generation chips in a resilient European photonic value chain. The funds will be used to expand its manufacturing capabilities and accelerate the development of the company\u2019s photonic integrated chip technology platforms and its Process Design Kits (PDKs).<\/p>\n\n\n<div class=\"vlp-link-container vlp-layout-basic wp-block-visual-link-preview-link\"><a href=\"https:\/\/ioplus.nl\/archive\/en\/king-willem-alexander-gets-a-taste-of-the-future-in-eindhoven-via-a-deep-dive-into-the-world-of-integrated-photonics\/\" class=\"vlp-link\" title=\"King Willem Alexander gets a taste of the future in Eindhoven via a deep dive into the world of integrated photonics\"><\/a><div class=\"vlp-layout-zone-side\"><div class=\"vlp-block-2 vlp-link-image\"><\/div><\/div><div class=\"vlp-layout-zone-main\"><div class=\"vlp-block-0 vlp-link-title\">King Willem Alexander gets a taste of the future in Eindhoven via a deep dive into the world of integrated photonics<\/div><div class=\"vlp-block-1 vlp-link-summary\">The strength of the Netherlands as a market maker, the importance of a European ecosystem, and a barrage of examples of applications that will define &hellip; <a href=\"\">Continued<\/a><\/div><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">About SMART Photonics<\/h2>\n\n\n\n<p>Smart photonics is a cutting-edge technology that leverages the properties of light to revolutionize various industries. It involves the manipulation and control of photons to transmit and process information at incredible speeds. Smart photonics finds applications in telecommunications, healthcare, energy, and beyond. By integrating photonics with advanced materials and electronics, it enables the development of compact, high-speed, and energy-efficient devices such as optical fibers, sensors, lasers, and photonic integrated circuits. These devices pave the way for faster and more secure data communication, precise medical diagnostics, efficient solar energy conversion, and advanced sensing capabilities. Smart photonics represents a promising field that holds immense potential for transforming the way we live and interact with technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SMART Photonics, the Netherlands-based leader in photonic integrated circuits, has successfully raised an additional \u20ac100 million from a consortium of Dutch industry and financial entities. Key players from the semiconductor sector, including ASML, NXP and VDL Groep, are part of this investment round, alongside financial institutions such as ING, BOP Impact Ventures, and Deep Tech [&hellip;]<\/p>\n","protected":false},"author":2580,"featured_media":502914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[8553],"tags":[75446,72896,104,3645,3647],"location":[6763],"article_type":[36684],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-452376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","tag-asml-2","tag-chips-2","tag-eindhovens","tag-photonics","tag-smart-photonics-en","location-netherlands","article_type-news"],"blocksy_meta":[],"acf":{"subtitle":"SMART Photonics has successfully raised an additional \u20ac100 million.","text_display_homepage":false},"author_meta":{"display_name":"Laio","author_link":"https:\/\/ioplus.nl\/archive\/author\/laio\/"},"featured_img":"https:\/\/ioplus.nl\/archive\/wp-content\/uploads\/2018\/10\/smart-photonics.jpg","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">Digital<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Digital<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">asml<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">chips<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">Eindhoven<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">Photonics<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">Smart Photonics<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">asml<\/span>","<span class=\"advgb-post-tax-term\">chips<\/span>","<span class=\"advgb-post-tax-term\">Eindhoven<\/span>","<span class=\"advgb-post-tax-term\">Photonics<\/span>","<span class=\"advgb-post-tax-term\">Smart Photonics<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on July 12, 2023","modified":"Updated on July 12, 2023"},"absolute_dates_time":{"created":"Posted on July 12, 2023 10:15 am","modified":"Updated on July 12, 2023 10:15 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/452376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/2580"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=452376"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/452376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media\/502914"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=452376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=452376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=452376"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=452376"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=452376"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=452376"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=452376"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=452376"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=452376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}