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    Home»Startups»CamGraPhIC lands €211 million to tackle AI’s data bottleneck – in one of Italy’s largest DeepTech funding deals
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    CamGraPhIC lands €211 million to tackle AI’s data bottleneck – in one of Italy’s largest DeepTech funding deals

    Editor Times FeaturedBy Editor Times FeaturedApril 15, 2026No Comments4 Mins Read
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    Pisa-based CamGraPhIC, the analysis arm of 2D Photonics, has been given approval by the European Fee for €211 million in funding by the Italian State to construct a brand new class of optical expertise designed to handle how information strikes inside superior computing programs.

    Right now’s announcement will reportedly be one of many largest single public investments ever made in an Italian DeepTech startup – putting the corporate amongst a small group of firms globally working to redefine how information is moved inside future AI infrastructure

    “This funding goes straight to the center of what’s limiting AI at present,” says Ben Jensen, CEO of 2D Photonics. “Compute retains getting sooner, however information motion hasn’t stored tempo. Graphene-based optical expertise gives a strategy to transfer vastly extra information utilizing far much less energy, which is strictly what the subsequent era of AI programs would require.”

    CamGraPhIC’s state-backed package deal stands out in opposition to a broader run of photonics and adjoining AI-infrastructure funding rounds which have typically been a lot smaller:

    • France: Scintil Photonics raised €50 million to scale built-in photonics for AI factories; Arago raised €22.1 million to commercialise its photonic AI processor.
    • UK: Oxford-based Lumai secured greater than €9.2 million to advance optical AI accelerator expertise; and Leeds-based Optalysys raised €26.4 million to commercialise photonic chips utilizing gentle.
    • Germany’s Q.ANT secured €62 million to commercialise photonic processors for AI and high-performance computing.

    Taken collectively, these comparable rounds quantity to nearly €170 million, which suggests CamGraPhIC’s package deal by itself is bigger than that pattern mixed, underlining the size of public help now being directed in the direction of photonics-based computing, optical interconnects and different light-based approaches to decreasing AI-era bandwidth and power bottlenecks.

    Based in 2018 as a spinout from the Cambridge Graphene Centre (CGC), CamGraPhIC is creating graphene-based optical interconnect options for superior computing functions. As a part of the 2D Photonics SpA group, the corporate focuses on enabling next-generation information communication applied sciences for AI, information centres, and high-performance computing.

    2D photonics delivers simplified designs with improved bandwidth density and power effectivity for telecom, datacom and high-performance computing functions. The corporate raised €25 million in its Sequence A spherical in February 2025.

    Through the use of graphene, a cloth with distinctive digital and optical properties, CamGraPhIC’s method seems to be to allow a big enhance in bandwidth density, whereas delivering decrease latency and considerably decrease power consumption in comparison with the most effective silicon photonics obtainable at present, instantly addressing one of many greatest obstacles to scaling AI and high-performance computing.

    Based on the corporate, at present’s AI programs are now not held again by a scarcity of computing energy. As an alternative, efficiency is more and more constrained by the circulation of knowledge between chips, accelerators, and reminiscence. As fashions develop bigger and {hardware} turns into extra dense, current electrical and silicon photonic interconnects wrestle to maintain up, consuming extra energy, producing extra warmth, and slowing programs down.

    “The measure approval permits us to maneuver rapidly from innovation to execution,” Marco Romagnoli, Co-founder and CSO added. “By constructing manufacturing functionality alongside the expertise, we’re laying the groundwork for graphene photonics to turn out to be a sensible a part of future AI programs, not only a analysis promise.”

    The funding, underneath the European Fee’s State Assist Framework for analysis and improvement and innovation, will likely be used to industrialise CamGraPhIC’s optical interconnect platform for deployment in AI accelerators, high-performance computing programs, and superior information centres, the place bandwidth density and power effectivity have turn out to be vital bottlenecks.

    A key pillar of the mission is the development of a pilot manufacturing facility close to Milan, designed to take graphene photonics from superior analysis into real-world manufacturing. The ability will help system qualification, early manufacturing runs, and eventual switch to high-volume foundry processes, making a direct pathway from lab to large-scale deployment.

    The mission is predicted to create over 150 extremely expert jobs throughout photonics engineering, supplies science, and semiconductor manufacturing. The pilot line is scheduled to turn out to be operational in 2028 enabling early engagement with system integrators and computing platform suppliers.





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