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17 Apr 24
PhotonVentures fund rises to €75M

Dutch venture capital group adds €15M to existing pot; targets €100M by end of 2024.

10 Apr 24
Cars and wearables poised to drive thermal imaging market

Analyst report suggests new applications will help propel steady growth towards a $9BN market in 2029.

10 Apr 24
Private equity group agrees $19M acquisition of Inrad Optics

Luxium partnership says new owners will accelerate investment into large-format optical components and more.

09 Apr 24
Nuburu grabs $3M lifeline

Blue industrial laser firm wins purchase order for EV battery production; BluGlass adds funding for GaN laser diode production.

04 Apr 24
Stemmer Imaging expands with US distributor

Acquisition of New York's Phase 1 Technology meets customer demand for a physical presence in North America.

03 Apr 24
ViaLase wins $40M to advance femtosecond laser for glaucoma

Californian company founded by ophthalmology laser pioneer Tibor Juhasz backed in series C funding round.

02 Apr 24
Ouster optimistic as revenues rise

The lidar firm continues to burn through cash but also reported strong bookings; plus updates from AEye and Cepton.

28 Mar 24
Celestial AI Closes $175 Million Series C funding round

Led by U.S. Innovative Technology Fund, investment to scale commercialization of Photonic Fabric platform.

27 Mar 24
Jenoptik eyes 2024 growth as Dresden facility nears completion

Jena-headquartered optics and photonics giant says it is on track to hit 2025 sales target of €1.2BN.

27 Mar 24
Masimo ponders spinning off consumer business

Maker of pulse oximetry sensors and smart watches evaluates split of business into healthcare and consumer units.

26 Mar 24
Luna CEO steps down after annual report delayed

Scott Graeff leaves company after 21 years; stock price down nearly 50% since news that 2023 sales figures were under review.

21 Mar 24
European Innovation Council backs photonics in latest funding round

Several European startups will share in €285M scheme blending grants and equity investment.

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