POET Technologies Inc. secured a record $75 million private placement deal, marking a significant investment in its corporate history. The funding will support corporate expansion, accelerate research, and facilitate acquisitions in advanced photonics. Strong investor confidence in POET's strategy is reflected in the stock surge
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A new round usually means POET Technologies is about to hire and buy. The teams that reach out first get the meeting.
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Company Information
Company
POET Technologies
Location
Toronto, Ontario, Canada
About
POET Technologies is a design and development company offering integration solutions based on the POET Optical InterposerTM, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components and labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the POET Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud service providers and data centers.
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Fundz sees it the moment POET Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
TorontoManufacturingInformation TechnologyArtificial IntelligenceSemiconductor