Independent photonics intelligence
The companies, technologies and capital shaping optical infrastructure, distilled into the signals that matter.
Maverick Silicon and Light Street Capital co-led the Series B, with NVIDIA and investors including Bosch Ventures, Catalight Capital and the EIC Fund participating. The round brings total funding to $177M and will scale commercial deployment of the silicon-photonics iPronics ONE rack-level optical switch.
Source: iPronicsRead briefingBriefing desk
GoPro shareholders are set to receive $285M cash, or $1.14 per share subject to adjustment, and retain about 10% of the combined public company. Roughly $92M of GoPro debt is due to be repaid at closing, expected by year-end 2026 pending shareholder and regulatory approvals.
Source: GoPro / SECRead briefingCollPlant agreed to acquire 100% of LightSolver through 3.73M upfront shares, 6.13M pre-funded warrants and up to 224.08M milestone warrants, plus 2.26M rollover options. Closing was expected during the week of the Aug. 31 announcement, subject to customary conditions and shareholder approval for issuances above the Nasdaq blocker.
Source: CollPlant / SECRead briefingSoitec told Reuters it is signing more than 10 photonics customers to fixed-price supply agreements with deposits; about 80% are expected within two weeks. Photonics-SOI revenue is now expected to exceed $200M this fiscal year, with current capacity covering this year and next.
Source: ReutersRead briefingCycle Capital led the oversubscribed Series A, joined by Goldman Sachs XIG-Industry Ventures, Hina Liberty, Susquehanna, InterVest, Safar and Ciena, with existing investors participating. The GaAs quantum-dot DWDM source is now available as an evaluation kit for AI optical-interconnect customers.
Source: Quintessent / Cycle CapitalRead briefingThe seed round was co-led by Navigare Ventures and PSV Hafnium, with Chalmers Ventures, Turbine Capital, Norrsken Evolve and Almi Greentech Fund. It funds commercialization and scalable manufacturing of silicon-nitride multi-wavelength sources.
Source: Solinide PhotonicsRead briefingMarvell issued Google a warrant for up to 58.97 million shares at $206.58. Most shares vest in $500M revenue tranches tied to custom AI accelerators, controllers and near-memory compute through fiscal 2033.
Source: Marvell / SECRead briefingShowing 6 of 21 stories
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