21 October 2026
Photon Bridge Raises €10M to Tackle AI’s Emerging Laser Bottleneck
Photon Bridge is building laser sources designed for a market expected to require millions of units as optical connections move closer to AI chips.
21 October 2026
Press Release
Photon Bridge
Eindhoven, the Netherlands – Oct. 21, 2026 – Photon Bridge has raised €10 million to tackle an emerging bottleneck in AI infrastructure: producing the millions of lasers that will be needed to connect increasingly large clusters of AI processors.
The round was co-led by new investors the Amadeus APEX Technology Fund and 360 Capital, with existing investors Innovation Industries, Faber, and Brabant Development Agency (BOM) also increasing their investment.
More than 20 million data-center AI accelerators are forecast to ship annually by 2028, according to Omdia. As AI clusters grow from thousands to hundreds of thousands of processors, moving data between those chips is becoming one of the fundamental constraints on their performance.
Goldman Sachs Research expects the rapid build-out of AI infrastructure and rising computing power per rack to expand the addressable market for optical networking ninefold to $154 billion by 2028.
Optical connections can move enormous amounts of data faster and more efficiently than conventional electrical interconnects, and are consequently moving progressively closer to the processors themselves. This shift is accelerating with the emergence of co-packaged optics, which integrates optical connectivity directly alongside the chips responsible for moving data through AI systems. But that creates another problem: the industry needs a vastly greater supply of the lasers that generate that light.
Today’s high-power laser supply chain was largely built for telecom and subsea networks, where volumes are far lower. AI could transform the laser from a specialist photonics component into something that has to be manufactured at semiconductor scale.
Photon Bridge has designed its technology around that transition.
Rather than generating the required optical power using a small number of increasingly powerful lasers, Photon Bridge combines and multiplexes light from multiple lower-power semiconductor lasers.
Lower power densities make individual lasers less sensitive to manufacturing defects, improving production yield and allowing Photon Bridge’s architecture to scale more efficiently as volumes increase. The platform is designed to deliver high wavelength counts with up to 40 mW of optical power per wavelength per fiber, while enabling production across multiple indium phosphide (InP) foundries.
“AI is fundamentally changing the way computing infrastructure is built,” said Paul Marchal, CEO of Photon Bridge. “We are moving towards enormous systems in which hundreds of thousands of processors have to operate together, and moving data between them is becoming one of the defining constraints on performance. “That means optics has to move closer to the compute. But it also creates an entirely different manufacturing challenge. The industry will soon need millions of these laser sources every year. Instead of making individual lasers increasingly powerful and difficult to manufacture, we move that scaling challenge into the architecture.”
Photon Bridge’s approach is designed around manufacturing yield, which is a consideration that becomes increasingly important as laser production moves from traditional telecom volumes towards the scale required by AI infrastructure.
“Every new wave of compute creates new bottlenecks further down the supply chain, and lasers are the next one," said Ion Hauer, Investment Partner at APEX Ventures. "Photon Bridge is addressing this with a technology that combines deep photonics expertise with a credible path towards manufacturing at very large scale.”
“AI is turning lasers from a telecom component into a semiconductor-scale product,” said Cesare Maifredi, Partner at 360 Capital. “Once you start talking about millions of units a year, manufacturing yield becomes fundamental. Photon Bridge has designed its architecture from the beginning around the volumes this market is going to require.”
The financing will allow Photon Bridge to accelerate product development and customer qualification, deliver its first samples in 2027, and prepare for volume manufacturing from 2028.
The company will also expand its team in Eindhoven as it moves towards commercialization.
About Photon Bridge
Photon Bridge develops high-power, multi-wavelength laser-source technology for next-generation optical interconnects in AI datacenters.
Its platform combines light from multiple lower-power semiconductor lasers to deliver the optical power and wavelength density required by increasingly large AI systems, while enabling high-volume manufacturing across multiple InP foundries.
Photon Bridge is headquartered in Eindhoven, the Netherlands. www.photonbridge.com
About APEX Ventures
APEX Ventures is a European venture capital firm focusing on early-stage deep tech companies. The team acts as hands-on investors with a mission to support the most talented startup teams in building global market leaders. In early 2023, APEX Ventures launched the Amadeus APEX Technology Fund together with Amadeus Capital Partners to invest in sectors that include next-gen computing, artificial intelligence, autonomous systems, space, medical technologies, energy, and other emerging deep tech areas. The fund invests in Seed and Series A ventures with innovative technology and engineering based on significant scientific advances. www.apex.ventures
About 360 Capital
360 Capital is a European venture capital firm investing in early-stage deep tech, climate tech and digital companies. Founded in 1997 and operating from Paris and Milan, the firm has a 29-year track record of backing technical founders from pre-seed to Series B, with over €750M in assets under management and more than 75 active portfolio companies, including Exotec, Energy Dome, Preligens and IriusRisk. Through dedicated vehicles, the team backs founders turning scientific and engineering advances into industrial-scale businesses. www.360cap.vc