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Photonics, Electronic Construction Elements

German Company Sets Photonic Chip Funding Record

Stuttgart start-up Q.ANT has received a capital injection of EUR 62 million – more than ever before invested in a European photonic semiconductor company.

Q.ANT says that the technology on which it is working will help overcome the limits on the performance of conventional digital chips. The company’s design uses light instead of electrons for data transfer.

“It’s become clear that we can no longer continue to scale up our digital chip technology,” Q.ANT founder Michael Förtsch told business newspaper Handelsblatt.

The EUR 62 million funding round was led by Berlin’s Cherry Ventures, Munich’s UVC Partners and the specialized chip investor Imec.xpand. Q.ANT is a spin-out of German machine producer Trumpf.

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