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DustPhotonics Raises $24M in Series B Follow-on Round

PRIVATEFeb 21, 2024

Amount Raised

$24 Million

Round Type

Series B

CupertinoHardwareElectronicsWirelessSemiconductorTelecommunications

Investors

Exor VenturesAtreides ManagementGreenfield PartnersSienna Venture Capital

Description

DustPhotonics announced the completion of its Series B follow-on funding round, an oversubscribed round of $24M, funded by prominent investors such as Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures. The funds will be used to scale production of Carmel-4 and Carmel-8 products, and to accelerate the development of next generation products enabling 1.6Tb/s applications.

Quick answer

DUSTPHOTONICS raised $24 Million in a Series B round, dated February 21, 2024. Investors: Exor Ventures, Atreides Management, Greenfield Partners and Sienna Venture Capital. DUSTPHOTONICS is based in Cupertino, California, United States.

How much did DUSTPHOTONICS raise?
DUSTPHOTONICS raised $24 Million in a Series B round on February 21, 2024.
Who invested in DUSTPHOTONICS?
Exor Ventures, Atreides Management, Greenfield Partners and Sienna Venture Capital are named as investors in this round.
What does DUSTPHOTONICS do?
Dust Photonics is a technology company specializing in silicon photonics chips and optical communications.
Where is DUSTPHOTONICS based and how big is it?
DUSTPHOTONICS is based in Cupertino, California, United States.
Who are the decision-makers at DUSTPHOTONICS?
Fundz holds 3 contacts at DUSTPHOTONICS, including the Senior Vice President Operations. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Electronics around the same time

Companies in the same sectors as DUSTPHOTONICS that raised within 45 days of this round, from Fundz verified event records.

  • Guerrilla RF raised $5.2M on March 28, 2024.
  • Elve raised an undisclosed amount (Funding Round) on February 29, 2024.
  • Elve raised $15M (Series A) on February 28, 2024.
  • Elve raised $15M (Series A) on February 22, 2024.
  • ResortNet raised $6.3M on April 1, 2024.
  • Deepwave Digital, Inc. raised $2.1M (Seed) on March 29, 2024.

Who to call at DUSTPHOTONICS, and when

A new round usually means DUSTPHOTONICS is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DUSTPHOTONICS raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DUSTPHOTONICS, from your own LinkedIn network

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Company Information

Company

DUSTPHOTONICS

Location

Cupertino, California, United States

About

Dust Photonics is a technology company specializing in silicon photonics chips and optical communications.

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Related People

3 contacts
Verified contactsGadi C., Senior Vice President Operations hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

DUSTPHOTONICS raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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