Solinide raises €4M seed to cut data centre power with photonic chips
What's the deal? Solinide PhotonicsDealroom has a profile for this one. Try Dealroom →, formerly Iloomina, has raised €4 million in seed funding to commercialise optical interconnect technology for AI data centres. The Swedish spin-out from Chalmers University of Technology develops silicon nitride photonic integrated circuits and integrated frequency combs.
Who's backing it? The round was led by PSV HafniumDealroom has a profile for this one. Try Dealroom →, with participation from Turbine CapitalDealroom has a profile for this one. Try Dealroom →, Norrsken EvolveDealroom has a profile for this one. Try Dealroom →, Chalmers VenturesDealroom has a profile for this one. Try Dealroom → and Navigare VenturesDealroom has a profile for this one. Try Dealroom →. Almi Greentech Fund also participated.
Why now? Solinide's microcomb technology generates multiple precise wavelengths from a single chip, replacing systems that rely on large numbers of individual lasers. This can move more data through each optical fibre while reducing power use, cost and physical footprint in optical interconnect systems.
What's next? The funding will support product industrialisation, manufacturing readiness, commercial deployment, and the expansion of Solinide's engineering and commercial teams in Europe.
Read more: Mynewsdesk
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