Stibbe advises the Dutch State

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Stibbe advised the Ministry of Economic Affairs and Climate Policy on securing new funding for SMART Photonics.

On 30 June 2020, SMART Photonics, the independent foundry for photonic integrated circuits, announced a €35 million Series C investment from a Dutch consortium led by Innovation Industries. The funding includes a contribution from the Ministry of Economic Affairs and Climate Policy through the Brabant Development Agency (BOM).

SMART Photonics, founded in 2012, will use the funds to expand its capacity for wafer manufacturing at the High Tech Campus in Eindhoven, accelerate the development of its photonic integration technology and firmly establish the technology in the marketplace through its customers.

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