NLM Receives Investment from Emerald and Oregon Venture Fund
Summary
The two firms join Tokyo Ohka Kogyo Co., Ltd., Pack Ventures, StoryHouse Ventures, and other existing NLM investors to support NLMs vision and focus.NLM is a semiconductor technology company whose breakthrough hybrid organic electro-optic photonic modulators can enable up to a 30 percent reduction in data center network power consumption. NLM tackles the issue by offering photonic technology that is not only faster and more energy efficient but can be manufactured in standard CMOS fabs. We are thrilled to be working with the team as they bring their modulators to the market.NLMs proven innovation and strong early market interest make them uniquely positioned to shape the future of data center communications and deliver transformative growth opportunities. Follow us at nlmphotonics.com and on LinkedIn @nlm-photonics.Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over 1 billion from its offices in Zurich, Toronto, and Singapore. Backed by business and technology leaders and dozens of institutional investors, the fund provides capital and support to locally based teams building world-class growth companies regardless of stage or sector.