Yotta Capital and NGP led a $58m Series B funding round in Scintil Photonics.

Yotta Capital, a private equity firm, and NGP, a B2B venture capital firm, led a $58m Series B funding round in Scintil Photonics, a France-based deep-tech company, with participation from NVIDIA, BNP Paribas Développement, Supernova Invest, Bpifrance Digital Venture, Innovacom, Bosch Ventures, and Applied Ventures ITIC Innovation Fund (AVITIC). “This investment marks a pivotal moment for Scintil as we move to full-scale deployment. “Our SHIP™ technology enables integrated photonic solutions with the scalability, energy efficiency, and integration density required to power next-generation compute infrastructure. This efficiency not only reduces data center operating costs but also contributes to lowering the carbon footprint of AI infrastructure. With LEAF Light™ entering high-volume production, we’re expanding from our base in Grenoble into the international markets, including the US, to support the world’s most advanced AI factories,” Matt Crowley, Scintil Photonics CEO.