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Latest News


Neurophos raises $7.2m

December 14, 2023

Neurophos, a spinout from Duke University and Metacept, has raised a $7.2 million seed round to pursue metamaterials and optical AI inference chips.


LEADOPTIK Raises $5 Million in Series Seed Funding to Advance Early Lung Cancer Detection with Cutting-Edge Imaging Technology

May 22, 2023


SAN JOSE, Calif., May 22, 2023 /PRNewswire/ -- LEADOPTIK Inc., a Silicon Valley-based medical imaging company today announced that it has raised $5 million in an oversubscribed series seed funding, led by MetaVC Partners with participation from SOSV, Sony Innovation Fund, TSVC, ENEA, Arash Ferdowsi (co-founder of Dropbox), Ray Muzyka (co-founder of BioWare), and others. This injection of capital will allow LEADOPTIK to move to the next stage of product development -including FDA approval - on the path to commercialization.


Metalens startup Imagia raises $4.5M Silicon Valley firm to aim flat, silicon-based optics at augmented reality applications as Gates Frontier provides seed funding.

May 2, 2023

Source: Optics.Org

Silicon Valley firm to aim flat, silicon-based optics at augmented reality applications as Gates Frontier provides seed funding.

Imagia, a startup company working on metamaterials technology, says it has raised $4.5 million in seed funding, with which it plans to accelerate development and initial commercial deployment of its novel lenses.


Lighter, Cheaper, Faster—MetaVC Looks for Metamaterials Startups

April 13, 2023

Wall Street Journal

Good day. MetaVC, a venture fund that launched in 2021 to back startups commercializing metamaterials, a budding area of materials science, has closed its debut fund with $62 million to invest in hard-tech startups.


MetaVC Partners Raises $62 Million Fund to Invest in Hard-Tech Metamaterials Startups

April 12, 2023

PR Newswire

SAN FRANCISCO, April 12, 2023 /PRNewswire/ -- MetaVC Partners today announced the close of MetaVC Partners, LLC., a $62 million fund that will invest in early-stage, hard-tech metamaterials startup companies. Investors in the fund include Corning Inc., Gates Frontier, JSR Corporation along with other family wealth offices and institutional pension funds.


Lumotive raises $13M for metamaterial beam-steering chips

January 04, 2023

Lumotive, the Seattle-based startup company developing beam-steering semiconductor chips based around optical metasurfaces, says it has raised $13 million in a new round of venture finance.


Mangata raises $100m for Scottish satellites

December 07, 2022

Advanced Television

Mangata Networks has raised $100 million (€95.4m) from (mostly) Scottish investors to fund the development of a satellite manufacturing plant at Prestwick, Scotland.


Lumotive Adds New Investments from USAA and Uniquest to a Strategic Funding Round Led by Samsung Ventures

January 03, 2023


With more than $56 million in total financing to date, optical semiconductor company gears up for mass deployment of LCM™ chips


Lumotive Closes Strategic Funding Round Led by Samsung Ventures

Aug 24, 2022

Source: Lumotive

New Investment Will Speed Delivery of LCM™ Optical Semiconductors to Enable Lidar 2.0 for High-Volume Consumer, Mobility, and Industrial Markets


Mangata Networks Announces $33 Million Series A Raise Launching Innovative Satellite/Edge Computing Network

January 11, 2022

Source: Mangata

Mangata Networks announces today the completion of their $33 million Series A funding round, led by Playground Global.


Lumotive Names Dr. Sam Heidari as CEO to Lead Lidar Innovator’s Next Stage of Growth

October 20, 2021

Source: Lumotive

Semiconductor Industry Veteran Takes the Helm as Company’s Disruptive and Scalable Meta-Lidar Platform Gains Traction in Automotive and Industrial Markets and Recognition as Provider of Next-Generation Solutions


These Materials Could Make Science Fiction a Reality

April 27, 2021

Source: The New York Times

Imagine operating a computer by moving your hands in the air as Tony Stark does in “Iron Man.” Or using a smartphone to magnify an object as does the device that Harrison Ford’s character uses in “Blade Runner.” Or a next-generation video meeting where augmented reality glasses make it possible to view 3-D avatars. Or a generation of autonomous vehicles capable of driving safely in city traffic.


American space telecoms company picks Scotland for £10.5 million European research centre

March 17, 2021


American telecoms company Mangata Networks is to set up a £10.5m research and development centre in Edinburgh, in a move that will create 38 jobs.

The business, which specialises in satellite enable telecoms services, announced the move after it received £3.6m in funding from national economic development agency Scottish Enterprise.


Megaconstellation startup Mangata Networks joins T-Mobile-backed 5G incubator

September 17, 2020


WASHINGTON — Mangata Networks, a broadband megaconstellation venture created by former OneWeb Satellites CEO Brian Holz, is one of 16 startups newly added the 5G Open Innovation Lab, an ideas-and-partnership incubator founded earlier this year by T-Mobile, Intel and NASA to help unleash the potential of 5G mobile networks.

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