Enschede-based New Origin, a photonic chips foundry, announced on Wednesday that it has raised €6M in a fresh round of funding from PhotonDelta, a Dutch-based accelerator for the integrated photonics industry.
The funding is part of a contribution that the Province of Overijssel has made available to PhotonDelta for a national photonics programme.
The University of Twente Holding owns 100 per cent of New Origin. The university’s private initiatives are housed in this holding company, some of which support the commercialisation of scientific research.
New Origin mentions in a statement that the funding from PhotonDelta will be used to create the Netherlands’ first independent photonic chips foundry to produce silicon nitride chips.