Dutch nanophotonic imaging company eyeo has raised €40 million in a Series A funding round led by Innovation Industries, with participation from existing investors imec.xpand, Invest-NL, Qbic, High-Tech Gründerfonds and Brabant Development Agency. The funding brings the company’s total capital raised to €55 million.
Founded to commercialise technology developed at imec, eyeo develops nanophotonic colour-splitting technology for image sensors used in smartphones, industrial systems, XR devices, smart cities, and autonomous applications.
The company’s NCOS® platform replaces conventional colour filters, which block a large portion of incoming light, by splitting and directing light to individual pixels, improving light sensitivity, colour accuracy, and image resolution. Compatible with existing CMOS sensor platforms, the technology also enables ultra-compact sub-micron pixels for high-performance imaging applications.
According to co-founder and CEO Jeroen Hoet, the funding will support eyeo’s transition from technology development to scaled commercial delivery:
Every modern device that sees the world, from smartphones to autonomous systems, is held back by the same 50-year-old constraint. eyeo removes it at the source. Our technology is proven, patented and validated at a commercial foundry, with tier one customers already engaged.
The operation also benefits from support from the European Union under the InvestEU Fund.
eyeo plans to use the funding to expand its in-house engineering capabilities, strengthen partnerships with OEM customers, and accelerate the commercial deployment of its imaging technology. The company will also invest in next-generation 3D-stacked CMOS image sensors and grow its IC and system architecture teams.
Would you like to write the first comment?
Login to post comments