CamGraPhIC raises £1.6 million for high-speed, low-energy graphene photonics

CamGraPhIC recently raised £1.6 million through an equity funding round from existing and new investors.

The fundraising values University of Cambridge spin out CamGraPhIC at £5.6 million pre-money. It brings total funds raised by the Company to £3.4 million including the loan facility announced by the Group ןn July 2021.

Proceeds from the funding round will be used to accelerate development and scale up of the CamGraPhIC’s graphene-based photonics technology for scalable, faster, cheaper and more energy efficient optical transceivers.

 

 

 



 

Source: 
Posted: Sep 30,2021 by Roni Peleg