Fundraising with Robert Bosch Venture Capital (lead), BPIfrance, Supernova, Innovacom and Applied Ventures ITIC Innovation Fund

Scintil Photonics secures investment boost from Applied  Ventures and ITIC 

Additional funding and support from the Applied Ventures ITIC  Innovation Fund, L.P., will enable fabless silicon photonics company to  expand global sourcing and accelerate market deployment in Americas  and Asia-Pacific 

Grenoble, France, September 6, 2022 – Scintil Photonics, a supplier of advanced silicon  photonic integrated circuits with monolithically integrated lasers and optical amplifiers,  today announces it has secured additional investment that completes its second round of  funding, by welcoming Applied Ventures ITIC Innovation Fund, L.P., a fund jointly created  by Applied Ventures, LLC and ITIC-Taiwan (Industrial Technology Investment  Corporation). Robert Bosch Venture Capital (RBVC) led the original round in June 2022, 

with support from historic investors Innovacom, Supernova Invest and Bpifrance through  its Digital Venture fund. With this new investment, the company’s total funding has reached €19M ($19M). 

Scintil Photonics’ IC solutions aim to significantly enhance traditional high-speed optical  communications from rack-to-rack to chip interconnections. The company’s III-V  Augmented Silicon Photonic Integrated Circuit (ASPIC) is a single-chip solution consisting  of advanced silicon photonic circuits made from standard silicon photonics processes  available at CMOS commercial foundries. The solution features III-V optical amplifiers and  lasers integrated on the backside of advanced silicon photonic circuits. This unique all-in 

one integration enables ultra-high-speed communications, due to high parallelization and  higher bit rates, for example from 800 Gbit to 3,200 Gbit/sec., thereby helping the multi billion-dollar electronics industry overcome the slowing of Moore’s Law with the integration  of very high-speed optical communications. 

The company will use the additional funds to improve its global industrialization footprint  and speed up the commercialization of its products in the Americas and Asia-Pacific. 

“Scintil Photonics is very happy to welcome Applied Ventures and ITIC. By teaming with  such strong semiconductor industry players we can access the very robust industrial  ecosystem in the Americas and Asia-Pacific. Their support will also bring great opportunities to deploy products to customers in those regions,” said Sylvie Menezo, president and CEO  of Scintil Photonics.  

“We believe that silicon photonics-based optical chips with integrated lasers represent a major new opportunity in the data center, High Performance Computing (HPC), cloud  systems and telecom markets. Scintil is a great example of our strategy to invest in the 

Materials to Systems™ stack. We are excited to be working with its team in advancing the  technology with key market leaders in the HPC space,” said Anand Kamannavar, vice  president and global head of Applied Ventures. 

“We are delighted to be part of this round of investment in Scintil Photonics as it presents a huge opportunity for next phase integration of very high-performance systems in  datacenter and cloud computing. This investment illustrates our commitment to supporting

the most promising technologies worldwide,” said Michel Chu, president and CEO of ITIC  (Industrial Technology Investment Corporation) in Taiwan. 

About Applied Ventures 

Applied Ventures, LLC, the venture capital arm of Applied Materials, invests globally in  technology companies across the Materials to Systems™ stack that have the potential to  deliver high growth and exceptional returns. Its investments help develop technologies and  markets that provide natural extensions to Applied Materials’ core business and stimulate  the growth of applications for semiconductors, displays and related products and services.  Learn more at

About ITIC  

ITIC Taiwan is the venture capital arm of the renowned R&D consortium – the Industrial  Technology Research Institute (ITRI) in Taiwan. Since its creation in 1979, ITIC has invested over $400 million across virtually all stages, sectors and time zones. Companies  we have nurtured have gone on to define entire industries and boast a combined market  cap of well over $200 billion. 

About Scintil Photonics 

Scintil Photonics develops and markets Photonic Integrated Circuits (PICs): integrated  laser arrays, multiples of 800 Gbit/sec transmitters and receivers, tunable transmitters, and receivers, as well as optical I/O for near chip and chip-chip communication. Its circuits  are fabricated on a proprietary III/V-Augmented silicon photonics technology  manufactured in a multi-customer silicon foundry. For accelerated adoption, the company  also delivers the control electronics and reference package implementations. Based in  Grenoble, France, and Toronto, Canada, Scintil is currently taking its innovative product to  industrial level as it gears up for mass production.