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September 13, 2006
Photonics Startup Oxxius Raises $10M For Tiny Laser Tech
Lannion, France-based Oxxius, a manufacturer of ultra-small yellow, violet, and blue lasers, has raised $ 10 million in a second round, led by existing investor Sofinnova Partners, along with new investors AXA Private Equity, and San Francisco-based Sofinnova Ventures.
The new money is to be used to develop the commercial and industrial operations of the company. Its aims is to be a first-tier laser provider to instrumentation manufacturers serving the biophotonics, spectroscopy, and related markets. Using Oxxius lasers will enable its customers to make smaller, more energy-efficient, analytical and measurement instrumentation.
Read -Laser specialist to ramp up production and strengthen market position. (webitpr)
Posted on September 13, 2006 06:59 AM | Posted to Semiconductors | Venture Capital | Permalink
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