EFFECT Photonics Boosted by $38M Series D
EINDHOVEN, Netherlands, March 20, 2024 — EFFECT Photonics, a developer of integrated optical technologies, has secured $38 million in series D funding. The funding will be used to further accelerate the development and commercialization of EFFECT Photonics solutions and support ramping production to meet customer demand. The company is focused on advancing its integrated photonics portfolio which addresses size, weight, power, and cost concerns for high-speed fiber optics communications solutions. EFFECT raised $40 million in funding a year ago.
EFFECT has formalized industry collaborations with partners including Jabil Photonics, Credo, and Fabrinet. The series D round was led by Innovation Industries Strategic Partners Fund and backed by Dutch pension funds PMT and PME, along with co-investor Invest-NL Deep Tech Fund.
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