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Euro tech firms eye $90M photonic investment

04 Dec 2012

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Invest in Photonics 2012, a two-day international business partnering convention that centres on photonics VC investment, has chosen 18 emerging technology companies from across Europe to participate in a special funding session in Bordeaux, France from December 12-13 this year. The selected companies, a pan-European group of firms from Belgium, the Netherlands, Switzerland and the U.K. and 11 companies from around France aim to raise more than $90 million.

Invest in Photonics intends to attract investors searching for the most innovative, credible and profitable business ventures in photonics. The photonics industry is estimated at $388 billion [Source: Horizon 2020: Research and Innovation in European Photonics, presentation on Photonics Europe 2012 Industry Programme].

The companies selected for the special funding session are: Ovizio Imaging Systems (BE), Actlight (CH), Medimaps (CH), Mach8 Lasers (NL), Smart Photonics (NL) and Holixica (UK), plus one unnamed firm. They include French companies: Argolight, Aurea Technology, Blue Industry and Science, Fibrecryst, Image Guided Therapy, Lasar,µQUANS, Nethis, Prestodiag, Sunna Design and Vence Innovation.

Three double-digit growth markets: cleantech, healthcare and consumer goods top this year's Invest in Photonics agenda. The emerging Asian market will also be a focus of the third edition. The presence of speakers from global brands Zeiss, Philips and Samsung Ventures and their focus on the market are aimed at helping investors better spot opportunities.

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