EFFECT Photonics Secures $38 Million Series D Funding

Our portfolio company EFFECT Photonics, a leading developer of highly integrated optical solutions announced today that it has secured $38 million Series D funding. The round was led by Innovation Industries Strategic Partners Fund, backed by Dutch pension funds PMT and PME, along with co-investor Invest-NL Deep Tech Fund and participation from other existing investors.

This investment will further accelerate the development and commercialization of EFFECT Photonics solutions and support ramping production to meet growing customer demands. EFFECT Photonics is focused on advancing its integrated product portfolio which dramatically drives down the costs, size, and power of high-speed fiber optics communication solutions.

Roberto Marcoccia, CEO of EFFECT Photonics, stated: “We extend our thanks to Innovation Industries Strategic Partners Fund and our existing investors for their continued confidence in EFFECT Photonics’ mission and products. Investor excitement marks the culmination of a dynamic year of advancements across every facet of our business, reinforcing the market momentum we’ve established in the rapidly growing coherent transceiver market.”

More details are available on the company’s website.