Full company details

Classiq Raises $110M Funding Round: Week in Brief: 5/16/25

Photonics.com
May 2025SWINDON, England, May 16, 2025 — The Science and Technology Facilities Council’s Central Laser Facility, a laser facility operating as a free-at-point-of-use resource for qualified researchers, completed its HiLUX project worth £17 million ($22.6 million). The facility achieved first light on its ultra infrared laser system, boosting the laser’s power by 10 to 100× and making it possible to create secondary light sources. The facility’s Artemis extreme-ultraviolet laser system is expected to switch on later this year.

TORONTO — Kepler Communications Inc., a developer of optical data relay technology, successfully demonstrated space-to-ground optical data relay with Cailabs, an optical ground station company. The companies demonstrated full Space Development Agency standard data rates and acquisition in multiple space-to-ground scenarios between Kepler’s optical Pathfinder satellite equipped with TESAT’s SCOT80 in low Earth orbit and Cailabs’ optical ground station in Rennes, France.

OZARÓW MAZOWIECKI, Poland — VIGO Photonics, a developer of MIR detectors and semiconductor materials, has signed a letter of intent to acquire assets of an American manufacturer of infrared detectors. The company selling the assets operates globally in industrial, scientific, and defense sectors. The acquisition is in line with the company’s current strategy, which, among other things, aims to expand the company’s presence in the American market. VIGO said it has obtained all required certificates necessary to sell to the U.S. Department of Defense and other government agencies. 

TEMPE, Ariz. — Integrated photonics and quantum optics technology company Quantum Computing Inc. opened its quantum photonic chip foundry in Tempe, Ariz. The company said that the facility represents a milestone in its roadmap to meet growing global demand for thin-film lithium niobate photonic chips and accelerate the commercialization of its next-generation quantum machines.

TURIN, Italy — Sodick Co., Ltd., a manufacturer of electric discharge machining systems, acquired Prima Additive, an additive manufacturing company, completing the purchase of a majority stake in the company. The company has rebranded to Prima Additive by Sodick and a new production facility will be opened in Turin, Italy.

---

(From left) Classiq Technologies co-founders Yehuda Naveh, Amir Naveh, and Nir Minerbi. Courtesy of Classiq Technologies.

---

TEL AVIV, Israel — Classiq Technologies, a quantum software company, raised a $110 million Series C funding round, bringing its total funding to $173 million. Classiq will expand its global footprint to broaden its role in national quantum initiatives within the quantum ecosystem.

---

Søren Stobbe. Courtesy of Technical University of Denmark.

---

KONGENS LYNGBY, Denmark — The Innovationfund Denmark invested DKK 40 million (~$6 million) into the EQUAL project, which aims to create erbium-based silicon quantum light sources for applications in cryptography and quantum computing. The researchers will combine the Technical University of Denmark (DTU)’s expertise in nanophotonics with erbium technology from Helmholtz-Zentrum Dresden-Rossendorf, quantum networks from Humboldt University in Berlin, nanotechnology from Beamfox Technologies ApS, and integrated photonics from Lizard Photonics ApS.

WESSLING, Germany — Laser 2000, a photonics technologies distributor in Europe, launched its subsidiary Laser 2000 s.r.l. in Bolzano, Italy. The move is part of a strategic realignment within the company to decentralize its sales organization by establishing teams directly in their respective regions.

KISTA, Sweden — Photonics and wireless technologies company Sivers Semiconductors AB renewed its debt financing, securing a three-year term loan in partnership with a U.S.-headquartered bank with annual refinancing capability. The loan will facilitate refinancing of the company's existing debt, which was previously scheduled to mature this month, providing better terms for the company. In connection with the new loan agreement, the company will issue 3,318,029 warrants with a term of five years to the lender at a subscription price of SEK 4.53 ($0.45) per share.

CENTENNIAL, Colo. — NUBURU, Inc. filed a Form S-3 registration statement with the Securities and Exchange Commission for $100 million, designed to provide the company with the necessary capital to facilitate its ongoing acquisition plan and successfully relaunch its blue laser technology business unit.More news & features