Dutch deep-tech company Morphotonics has raised €40 million in a funding round backed by 3M Ventures, Innovation Industries, BOM, and Invest-NL. The company focuses on optics and photonics technologies and has mainly supplied optical components for displays. According to the report, the new capital will be used to extend its display technology into data center applications. The update was cited by Techub News, which referenced TechCrunch.
Dutch deep-tech company Morphotonics has raised €40 million, according to Techub News.
The round included 3M Ventures, Innovation Industries, BOM, and Invest-NL. Morphotonics focuses on optics and photonics technologies and has primarily supplied optical components for displays.
The company plans to use the new funding to expand its display technology into the data center sector.
Techub cited TechCrunch as the source of the report.
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