A self-proclaimed leading producer of glass-based photonic chips has raised $8.5 million to complete a significant expansion of its operations. Ephos says the new seed funding will accelerate the opening of “the world’s first facility for the design and production of glass-based quantum photonic chips.” The new state-of-the-art research and manufacturing facility is located in Milan, Italy, and its opening marks a significant milestone in Ephos’s growth.
U.S.-based Starlight Ventures led the seed funding round and was backed by several other venture capital luminaries and angel investors. Interestingly, the latest round of funding also included contributions from NATO and the European Innovation Council (EIC). Ephos was just one of 10 firms from 1,300 that applied for this accelerator program funding and was successful.
