A group of investors led a €100m round in SMART Photonics.

A group of investors, including ASML, NXP, VDL Groep, ING, BOP Impact Ventures, Invest-NL, Innovation Industries, BOM, PhotonDelta and KPN Ventures, led a €100m round in SMART Photonics, an independent foundry offering production services. “We are very pleased to be supported by this new group of lenders and are grateful for the continued support of our existing investors,”“With this round of funding, we receive strong support from the Dutch ecosystem including strategic lenders and financial institutions in our ambition to become the globally leading foundry for Photonic Integrated Chips (PICs),” Johan Feenstra, SMART Photonics CEO.