Funding to PhotonDelta Fast-Tracks Netherlands' Photonics Position
EINDHOVEN, Netherlands, April 14, 2022 — PhotonDelta, the Eindhoven, Netherlands-based integrated photonics ecosystem, has secured more than €1 billion in public and private investment to support semiconductor development and manufacturing in the Netherlands. The €1.1 billion ($1.18 billion) investment, which is subject to conditions, includes €470 million ($507.04 million) obtained through the National Growth Fund (Nationaal Groeifonds). The remainder is co-invested by various partners and stakeholders. The