Light Trace Photonics Investment
On 22 November 2024
The Bristol based innovator in the integrated photonics industry has successfully closed its first investment round, securing £600,000 led by QantX Ventures. This capital injection will drive the development and launch of LightCraft, a cutting-edge photonic chip component access platform which is aimed at accelerating product development for companies in the quantum, communications, and photonic processing sectors.
Dr Jake Biele, CEO of Light Trace Photonics, believes LightCraft will mark a turning point in the development of integrated photonics.
Ian Grimley, Charles van der Lande and Tom Storey advised Light Trace Photonics on legal aspects of the agreement.
Find out more: https://shorturl.at/sVuR5
“At Light Trace, we don’t just design - we build. This hands-on approach provides us with unique insights into the intricacies of photonic chip development, insights that we share with our customers to help fuel their success.”
Jake Biele,
CEO, Light Trace Photonics