PhotonVentures, the deep tech venture capital fund focused on startups and scale-ups developing solutions with photonic chips, has closed its second fundraising round of over €15 million, bringing the fund’s total to the targeted €75 million. The fund targets essential applications in data transmission, health diagnostics, and smart sensor systems, while also aligning with major global trends such as AI, AR, and VR. Private and strategic investors, together with the support of BOM (Brabant Development Agency), Oost NL, TNO, and the University of Twente, made this funding round possible. Olym advised Oost NL on this investment.