Femtum Raises $3.7M Seed Round

QUEBEC CITY, Jan. 31, 2024 — Laser technology startup Femtum has closed a 5 million CAD ($3.7 million) seed round. The funding accelerates its commercialization of mid-IR fiber lasers tailored to semiconductor manufacturing processes. Femtum is a 2017 spinout of the University Laval’s Center for Optics, Photonics and Lasers, co-founded by CEO Louis-Rafaël Robichaud and CTO Simon Duval.

Femtum company founders Simon Duval, CTO (left) and Louis-Rafaël Robichaud, CEO (right). Courtesy of Sabina Kopica.

The funding was co-led by ELAS Technology Investment, a German high-tech fund specializing in photonics, and i4 Capital, a Canadian deep-tech fund. Additional contributors include Quantacet, Boreal Ventures, and Eureka, along with photonic technology funds Hamamatsu Ventures, and VIGO Ventures.

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About Femtum

Published: January 2024

Glossary

infrared: Infrared (IR) refers to the region of the electromagnetic spectrum with wavelengths longer than those of visible light, but shorter than those of microwaves. The infrared spectrum spans wavelengths roughly between 700 nanometers (nm) and 1 millimeter (mm). It is divided into three main subcategories: Near-infrared (NIR): Wavelengths from approximately 700 nm to 1.4 micrometers (µm). Near-infrared light is often used in telecommunications, as well as in various imaging and sensing...