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.
Read MorePhotonics 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.
Read MoreDomino’s 2024 REVelate survey reveals that despite high awareness of responsible AI's importance, a critical governance gap persists, threatening innovation and compliance across industries.
Read MoreMace, the global programme and project delivery consultant and construction expert, has made two senior appointments to its Technology & Manufacturing business to bolster its delivery capacity in the growing data centre market in the UK and Ireland.
Read MoreAiredale by Modine introduces global CDU to serve increasing demand for liquid cooling in data centres.
Read MoreResearch released recently shows that 67% of IT decision makers favour a hybrid hosting infrastructure over a “cloud-first” strategy and 94% of businesses using public cloud would take a different approach to migration, given the challenges they have faced when moving to the public cloud.
Read More