Enschede-based LioniX International bags €3.5M from Dutch consortium led by Invest-NL, FORWARD.one, others

Picture credit: LioniX Worldwide

Enschede-based LioniX Worldwide, a startup that specialises in customised microsystem and photonics options, introduced on Monday that it has secured €3.5M from a Dutch consortium led by Make investments-NL and FORWARD.one with Universiteit Twente Holding, Oost NL, and PhotonDelta. 

The funding comes because the Dutch consortium goals to strengthen the Dutch Built-in Photonics and Deep Tech ecosystems.

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In early 2022, the Ministry of Financial Affairs and Local weather Coverage of the Netherlands and Make investments-NL launched their Deep Tech Fund (DTF) to assist revolutionary and sophisticated applied sciences. The fund goals to strengthen data and innovation throughout the Netherlands and European Union. 

LioniX Worldwide: What it’s worthwhile to know

LioniX Worldwide specialises in designing and producing customised microsystem options for OEMs and system integrators. 

The Dutch firm offers customised options for OEMs and system integrators, from design to totally assembled modules, by vertical integration and in scalable manufacturing volumes. 

The corporate’s core expertise is in built-in photonics with the proprietary TriPleX platform. 

The corporate offers customized options, product improvement companies, and manufacturing for a variety of industries, together with healthcare, aerospace, defence, and telecommunications.

“We’re extraordinarily completely satisfied to announce this funding in LioniX Worldwide with these main Dutch shareholders,” says Arne Leinse, CEO of LioniX Worldwide. 

He provides, “This set of buyers permits additional progress for LioniX Worldwide in the direction of the longer term. We’re excited to proceed creating and delivering cutting-edge microsystem options to our present and new purchasers across the globe.”

Dutch consortium

Make investments-NL is an impression investor dedicated to companies and tasks that may make the Netherlands extra sustainable and revolutionary. 

“This funding is an thrilling step ahead for LioniX Worldwide and the Dutch tech business. It matches completely with the ambitions of our Deep Tech Fund, which goals to spend money on knowledge-intensive start- and scaleups which have the potential to deliver innovation within the Netherlands to the following stage,” provides Leo Holwerda, director of Capital at Make investments-NL.

FORWARD.one is a enterprise capital fund centered on high-tech {hardware} startups and scaleups. The VC manages €200M throughout a number of funds, with investments in robotics, semiconductors, photonics, sensors, digital/augmented actuality, biomanufacturing, and different {hardware} applied sciences.

Paul Pruijmboom, Normal Companion at FORWARD.one, says, “LioniX has developed a expertise that may be a chief within the subject of Photonics with quite a few potential functions. As a high-quality Dutch deeptech firm, LioniX exemplifies the revolutionary potential of the Netherlands, and we’re delighted to be part of the corporate’s future success.”

PhotonDelta is an ecosystem that researches, designs, develops, and manufactures options with built-in photonics expertise. 

Ewit Roos, CEO at PhotonDelta, says, “LioniX Worldwide performs an vital function within the PhotonDelta ecosystem, as they produce photonic chips based mostly on Silicon Nitride, a expertise that permits for the creation of revolutionary units similar to quantum computer systems and biosensors. By investing in LioniX Worldwide, we take the following step in accelerating the photonic chip business whereas reinforcing the place of the Netherlands as a frontrunner within the subject.”