![]() ![]() One of these firms also announced follow-on financing in the wake of the recent fundraising round by MetaVC Partners. MetaVC Partners has also invested in Mangata Networks, which is building a satellite-terrestrial data communication network Imagia, focused on flat optics for AR/VR applications and Neurophos, which seeks to develop high-speed optical processors for AI. Founded in 2017, again with Bill Gates as one of its investors, Lumotive to date has amassed more than US$56 million in early-stage funding, including US$13 million this past January in a strategic-funding round led by Samsung Ventures. Perhaps the most established of these is Lumotive, which is developing liquid-crystal metasurface beam steerers for lidar, Industry 4.0 and other applications. The original MetaVC Partners was founded in 2021 to invest in startups using metamaterials “for applications in renewable energy, high-performance computing, imaging, and next generation wireless communications and sensors.” At present, the fund has four holdings. The new fund taps financing from a number of partners, including Corning Inc., the Gates Frontier fund of Bill Gates, the diversified materials company JSR Corp., and a number of other “family wealth offices and institutional pension funds,” according to MetaVC Partners. MetaVC Partners, a venture capital organization focused on firms involved with metamaterials development, announced on 12 April that it had raised US$62 million to launch MetaVC Partners LLC, a fund that will invest in “early-stage, hard-tech metamaterials startup companies.” Lumotive is one of the initial holdings of MetaVC Partners, a venture capital fund that has raised US$62 million for investment in metamaterials-based startups. ![]() Erik Josberger, senior lidar engineer at Lumotive, holds a wafer of the company’s Light Control Metasurface beam-steering chips.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |