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HyperLight Corporation, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), has announced a US$37 million Series B investment led by Summit Partners. The round includes participation from existing investors Xora Innovation, a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight’s Board of Directors.
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Photonics startup Lightium raises a $7 million seed round, co-led by leading European Deep Tech investors Vsquared Ventures and Lakestar to accelerate the development and manufacturing of advanced photonic chips.
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As data centres evolve to meet the demands of high-speed data transmission, the role of optical devices becomes increasingly critical. The efficient conversion of electrical and optical signals necessitates precision testing solutions, particularly for highly integrated optical devices. While there are profound challenges in testing these devices, innovative solutions exist to enhance testing efficiency and accuracy.
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Nokia Event-Driven Automation platform aims to reduce network disruptions and service downtime by driving human error in network operations to zero.
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Data centres powering the UK economy will be designated as Critical National Infrastructure alongside energy and water systems.
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Australian fism farming company Tassal looked at harnessing IT to make its business of growing salmon more sustainable and cost-effective. It invested in an integrated IT solution powered by Vertiv and Dell EMC for its business in Tasmania.
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