Quintessent raises $11.5M in seed funding led by Osage University Partners (OUP) and new investors M Ventures to develop highly scalable and highly reliable optical interconnects.
Mar 14, 2024•almost 2 years ago
Amount Raised
$11.5 Million
Round Type
seed
Investors
Entrada VenturesFoothill VenturesSierra VenturesM VenturesOsage University Partners (Oup)
Description
Quintessent, a pioneer in heterogeneous silicon photonics and quantum dot laser technology, has closed on just over $11.5 million in an oversubscribed Seed funding round led by Osage University Partners (OUP) along with new investors including M Ventures, and joining existing investors Sierra Ventures, Foothill Ventures, and Entrada Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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