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Prisma Photonics Secures $20M in Funding

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AI-driven infrastructure monitoring startup Prisma Photonics has raised approximately $20 million in a series C round. The investment will accelerate the company’s entrance into the global power and renewable energy market while supporting continued growth. The round brings the firm’s total funds raised to more than $50 million, after Prisma raised the same amount in its 2022 series B round. Prisma Photonics uses optical fiber sensing technology to detect and provide alerts on events such as electrical faults and extreme weather conditions such as wildfires and icing. The...Read full article

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    Published: September 2023
    Businessfundingstartupseries CSensors & Detectorsfiber optics and communicationsenvironmentelectricalinfrastructuregridmonitoringPrisma PhotonicsIsraelEMEAventure capitalIndustry News

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