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Investors Back NLM Photonics to Revolutionize Energy Efficiency

1/30/2025

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Summary

Investors Propel Innovation

Emerald Technology Ventures and Oregon Venture Fund have joined forces to invest in NLM Photonics, propelling the development of groundbreaking electro-optic modulation technology. With the potential to slash power consumption by 30%, NLM's hybrid modulators are set to revolutionize energy efficiency in AI and data centers, meeting the urgent demand for sustainable solutions.

Summary

Alice & Bob Fundraising

French quantum computing pioneer Alice & Bob has secured €100 million in Series B funding, aiming to unveil the first error-resistant quantum computer by 2030. With backing from Future French Champions, AXA Venture Partners, and Bpifrance, this investment will propel their innovative "cat qubit" technology, bolster error correction efforts, and expand their talented team and facilities.

History

Historical Context

Emerald Technology Ventures and Oregon Venture Fund's investment in NLM Photonics reflects a growing trend in sustainable technology development. Historically, the 1970s energy crisis spurred innovations in energy efficiency, leading to advancements in photonics and optoelectronics. Today's focus on reducing power consumption in AI and data centers mirrors past efforts to enhance energy efficiency amid global challenges.

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Investors Propel Innovation

Emerald Technology Ventures and Oregon Venture Fund have joined forces to invest in NLM Photonics, propelling the development of groundbreaking electro-optic modulation technology. With the potential to slash power consumption by 30%, NLM's hybrid modulators are set to revolutionize energy efficiency in AI and data centers, meeting the urgent demand for sustainable solutions.

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