Dutch nanoimprint lithography startup Morphotonics secured €40 million in funding from 3M Ventures, the EIC Fund, and other investors. The company plans to use the capital to expand into optical components for data centers.
Morphotonics specializes in nanoimprint lithography, a manufacturing technique for etching precise patterns at nanoscale. The funding round positions the startup to compete in the growing market for optical interconnect components used in data center infrastructure.
The backing from 3M Ventures and the European Innovation Council Fund signals confidence in the company's technology and market potential. Data centers increasingly rely on optical components to handle high-speed data transmission as computing demands grow.
The Netherlands hosts ASML, the world's dominant supplier of lithography equipment for semiconductor manufacturing. Morphotonics' focus on nanoimprint technology represents a different approach within the broader lithography landscape, targeting specialized applications beyond traditional chipmaking.
The startup joins a wave of European deeptech companies attracting significant venture funding as the region seeks to build technological independence in critical manufacturing sectors.
Legal tech startup Legora is in talks for a new funding round that would value the company at approximately $8.5 billion. The round represents significant growth for the emerging legal technology platform.
Chamelio secured $26M in Series A funding to expand its AI platform designed to automate routine legal tasks while routing complex cases to human lawyers. Entrée Capital backed the round.
Snorkel AI, a data startup offering an "agentic data development platform," secured $350 million in funding at a $3.5 billion valuation, according to CEO Alex Ratner.
Baselayer, an AI platform helping financial institutions verify businesses and assess fraud risk, secured $35M in Series A funding led by M13. The round brings total funding to approximately $40M.