PhotonVentures plans to raise a total of €100 to €150 million, with its final close set for the start of 2024. It will prioritise Series A rounds, with the aim of providing investments between €1 million – €2.5 million. PhotonVentures’ investment strategy leverages on the Dutch PhotonDelta ecosystem to accelerate European startups and scale-ups.
PhotonVentures is an independent deep tech venture capital firm that has emerged from PhotonDelta, the pioneering force behind the Dutch integrated photonics ecosystem. The two organisations are strategic partners with the aim of supporting the rapid growth of Europe’s photonics industry. Photonic chips* are critical in a range of applications like quantum computing, robotics, sustainable agriculture, and autonomous vehicles.