Scintil Photonics, a Grenoble-based leader in Heterogeneous Integrated Photonics (SHIP™), has raised €50M ($58M) in a Series B round.
Led by Yotta Capital Partners and NGP Capital, with participation from NVIDIA, BNP Paribas Développement, and existing investors including Supernova Invest, Bpifrance Digital Venture, Innovacom, Bosch Ventures, Applied Ventures, and AVITIC Innovation Fund.
Building the optical backbone for AI
- Scintil Photonics develops DWDM-native light engines that integrate multi-wavelength lasers and silicon photonics into a single chip.
- Its flagship product, LEAF Light™, is designed for next-generation co-packaged optics (CPO) in GPU clusters, offering 6.4 Tbps/mm edge bandwidth density while consuming only one-sixth the power of conventional solutions.
- By lowering power per bit, Scintil helps reduce both data center costs and the carbon footprint of AI infrastructure.
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Funding use and global expansion
The capital will:
- Scale production of LEAF Light™ to meet demand from hyperscale AI infrastructure.
- Expand hiring in France and the U.S.
- Establish a stronger presence in the U.S. to work more closely with AI and cloud partners.
Backed by deep tech investors
CEO Matt Crowley said:
“This investment marks a pivotal moment as we scale to full deployment. Integrated photonics is essential for AI factories, delivering the efficiency and density needed for tomorrow’s compute infrastructure.”
Founder & CTO Sylvie Menezo added:
“Our SHIP™ technology integrates lasers and photonics on a single chip, providing a disruptive foundation for decades of optical innovation.”
Yotta Capital’s Vincent Deltrieu described Scintil Photonics as “an essential player in scaling AI factories,” while NGP Capital’s Bo Ilsoe highlighted its role in making integrated photonics the backbone of global AI infrastructure.
