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25 Apr 23
Convergent eyes next stage of growth with $50M capital injection

Dental laser developer hopes new credit facility and equity finance will propel it to profitability.

20 Apr 23
Cambridge spin-off Zomp wins £2M backing from Zeiss Ventures-led group

Investment will help develop 3D imaging flow cytometer for “quantitative imaging of millions of cells”.

20 Apr 23
Dell backs Israeli photonic quantum computing startup

Quantum Source funding hits $27M as computing giant's venture wing joins seed round.

19 Apr 23
ASML outlook undimmed despite 'mixed signals' from chip makers

Customers adapt to market pressures but demand for lithography equipment continues to exceed ASML's capacity.

18 Apr 23
Kepler raises $92M for optical satellite links

Toronto startup planning to launch optical data relay infrastructure next year.

13 Apr 23
Ouster sues Hesai for patent infringement

US-based lidar firm requests ban on imports of devices made by its Chinese rival.

12 Apr 23
SWIR imaging market 'worth $2.9BN by 2028'

Yole Intelligence says that the war in Ukraine and tensions over Taiwan will push defense applications beyond prior expectations.

12 Apr 23
Photonis eyes methane sensing with deal to buy Telops

French firm continues acquisition strategy with deal to buy Canadian provider of infrared and hyperspectral imagers.

06 Apr 23
Lumentum announces weaker financials for third quarter

Due to reduced demand Q3, 2023, revenue now set to be $380-$384M from previous forecast of $430-$460M.

06 Apr 23
Mojo Vision closes $22M round to develop quantum-dot micro-LEDs

California startup attracts series A funding a couple of months after pivoting away from ‘smart’ contact lenses.

30 Mar 23
Basler implements cost-cuts as orders slow

But machine vision components provider to pay shareholder dividend following record sales last year.

29 Mar 23
Ouster cuts costs as losses widen

Lidar firm eliminates 200 jobs as part of effort to reduce costs dramatically following recent merger with Velodyne.

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