HyperLight Corporation, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), has announced a US$37 million Series B investment led by Summit Partners. The round includes participation from existing investors Xora Innovation, a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight’s Board of Directors.
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Photonics startup Lightium raises a $7 million seed round, co-led by leading European Deep Tech investors Vsquared Ventures and Lakestar to accelerate the development and manufacturing of advanced photonic chips.
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Nokia Event-Driven Automation platform aims to reduce network disruptions and service downtime by driving human error in network operations to zero.
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Data centres powering the UK economy will be designated as Critical National Infrastructure alongside energy and water systems.
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Grifols Egypt is leading the national goal to achieve self-sufficiency in vital lifesaving plasma derivatives and create a fully integrated plasma platform.
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