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.
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Posted: Sep 30,2021 by Roni Peleg