DustPhotonics Secures $24M in Series B Follow-On Funding to Propel Silicon Photonics Technology in Data Centers and AI
DustPhotonics is positioned at the forefront of the optical networking market, aiming to provide significant technological advancements in data transmission speeds and efficiency.
Company Name: DustPhotonics
Location: Modi’in, Israel
Sector: Silicon Photonics Technology
Funding Details: Raised $24M in Series B follow-on funding from a mix of new and existing investors, including Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures.
Purpose of Investment: To scale production of its Carmel-4 and Carmel-8 products for 400Gb/s and 800Gb/s applications, respectively, and accelerate the development of products enabling 1.6Tb/s applications.
Leadership: CEO Ronnen Lovinger
Product: DustPhotonics develops silicon photonics technology for hyperscale data center and AI applications, focusing on meeting the high demands for optical networking with solutions that improve bandwidth and speeds while reducing costs and power consumption.
About Company: DustPhotonics is positioned at the forefront of the optical networking market, aiming to provide significant technological advancements in data transmission speeds and efficiency.