NLM Photonics raises $1M from Japanese companies

Seattle-based NLM Photonics says it has raised $1 million in new funding to advance commercialization of its hybrid electro-optic modulation technology, which is meant to open the way for semiconductors that can handle more data with less power.

The funding round was led by two Japanese companies: Tokyo Ohka Kogyo Co., also known as TOK, and Hamamatsu Photonics K.K.

TOK is a world leader in manufacturing materials for advanced electronics, and in supplying critical goods for the semiconductor industry. Hamamatsu is a major player in the market for photonics components — and was involved in a previous investment round for NLM. The TOK investment deal also includes collaboration on developing shelf-stable inks incorporating NLM’s proprietary materials.

By Alan Boyle

Mastermind of Cosmic Log, contributor to GeekWire and Universe Today, author of "The Case for Pluto: How a Little Planet Made a Big Difference," past president of the Council for the Advancement of Science Writing.

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