Dutch deep tech fund for photonics startups reaches 75M after second close

Get the Full StoryPhotonVentures, a Dutch deep tech fund aiming to boost Europe s photonics industry, has closed its second fundraising round with over 15mn bringing its total capital to 75mn. The fund targets startups and scaleups developing solutions with photonic chips for a wide range of applications: from data transmission and health diagnostics to smart sensors, AI, AR, and VR. PhotonVentures will initially invest in 20 early-stage companies with international growth potential. It will focus on Seed to Series A rounds, with investments varying between 1mn and 2.5mn. The VC firm is a spinoff and strategic partner of PhotonDelta, a manufacturer of This story continues at The Next Web