EFFECT Photonics Receives €37.6 Million Investment

EFFECT Photonics, a developer of integrated optical solutions, announced that it has received an investment of €37.6 million. EFFECT Photonics' investment round was led by Innovation Industries and Invest-NL. The startup was founded in 2010 by Tim Koene-Ong and Dr. Boudewijn Doctor. Offering high-performance optical solutions, the startup stands out with its cost-effectiveness.

It is a company that develops independent optical systems with a vertically integrated business model. The startup stands out with its many solutions. Advanced error correction technologies, field-proven digital signal processing, cost efficiency, integration with ultra light sources, security of supply, low power consumption and small form factor.

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EFFECT Photonics Expands Integrated Optical Solutions Portfolio

EFFECT Photonics aims to utilize established microelectronics ecosystems to develop its products with affordable, ready-to-access coherent solutions. It also aims to address the challenges of 5G and beyond, making high volumes of systems useful in cloud-cloud edge services.

The Dutch startup has a worldwide sales network with additional facilities in the UK, Taiwan and the US. Roberto Marcoccia, CEO of EFFECT Photonics, made important statements about the investment they received. Marcoccia explained that they will reshape the future of communication with the investment they received. He also announced that they aim to develop their portfolio with integrated optical solutions that will positively affect the status quo.

The company will develop its products with the investment they received. It will provide support for its go-to-market startups. It aims to develop solutions to meet market requirements with its integrated coherent optics product portfolio.