Swedish deep tech company Solinide raises 4M Euro to commercialize photonic chip technology for AI data centres
- Boosts technology designed to address critical need for energy efficiency in
AI data centres, telecommunications and other key growth markets
Gothenburg, Sweden, August 20th, 2026: Solinide Photonics, developer of silicon nitride photonic integrated circuits for optical interconnects, announces the closing of a seed funding round from six financial and strategic investors. The €4 million capital raise is a broadening of the investor consortia for the seed stage and represents an important milestone for the deep-tech company and will enable Solinide to commercialise its patented technology and prepare for scalable manufacturing. The company’s ultra-efficient photonics chips and microcomb technology address one of AI infrastructure’s biggest challenges; moving vast volumes of data between chips without a matching rise in power consumption. Solinide’s multi-wavelength laser sources are designed to scale with future generation of hardware while reducing the power, cost and footprint of every optical link.
The investment is part of a €4.0 million financing round, co-led by Navigare Ventures and PSV Hafnium, alongside Chalmers Ventures, Turbine Capital, Norrsken Evolve and Almi Greentech Fund. The broadened seed-investor consortium brings deep expertise across industrial technology and company building, strengthening Solinide’s ability to move impactful technology into data centres.
In practical terms, Solinide replaces racks of individual lasers with a single chip that produces dozens of precise colours of light at once, so far, more data travels down each fibre for a fraction of the electricity.
A spin-out from Chalmers University of Technology, Solinide microcomb chip technology sits at the intersection of several of today’s most important technology trends: AI infrastructure, energy efficiency, semiconductors and photonics. Successful product industrialisation can benefit AI datacentre, telecommunications and other key growth markets.
The funding will support Solinide as it moves simultaneously on technology readiness, commercialisation and market adoption – three areas particularly capital-intensive for photonics and semiconductor companies.
-“Solinide has demonstrated that its microcomb technology can achieve the performance required for datacentre links and deliver an integrated rack-mounted product. A key priority now is preparing for commercial readiness, launch and real-world deployment with the aim of sharing product news very shortly,” said Marcello Girardo, CEO, Solinide Photonics.
“We are thrilled to have the confidence of prominent investors in Solinide’s team and technology. The capital raise will support expansion of the engineering and commercial teams, strengthen Solinide’s in-house prototyping capabilities, manufacturing readiness in Europe and resources to deepen collaboration with strategic industry partners,” confirms Girardi.
-Jakob Rybak-Andersen, Managing Partner at PSV Hafnium, “Solinide’s unique technologies and highly skilled team place the company in a strong position to excel in photonics technology development globally and achieve go-to-market success. Our focus is to support Solinide in bringing its groundbreaking technology to the global market which we will do together with our strong group of Nordic co-investors.”
With much of the AI and datacentre photonics value chain currently concentrated in the US and Asia, technologies such as Solinide’s can strengthen Sweden’s and Europe’s capabilities in strategically important semiconductor and photonics applications.
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About Solinide
Solinide Photonics AB (formerly Iloomina AB) develops integrated frequency combs and products based on patented technology for prototyping photonic integrated circuits (PICs) based on silicon nitride core waveguides and the commercialization of integrated frequency combs. Solinide was founded in 2021 as a spin-off from Chalmers University of Technology. For more information, visit us at www.Solinide.com and LinkedIn.
About PSV Hafnium
PSV Hafnium is a Copenhagen-based early-stage deep tech venture fund with a Nordic focus. Hafnium takes early bets on scientists, engineers and entrepreneurs and, drawing on a comprehensive understanding of the startup journey, patiently helps founders scale unproven technological breakthroughs into impactful global solutions. www.psv.xyz/hafnium
Media Contacts Solinide Photonics
Leslie Johnsen
Communications Advisor
Mob: +47 41 45 80 43
Email: leslie.johnsen@solinide.com
Marcello Girardi
CEO
Mob: +46 760224722
E-mail: marcello.girardi@solinide.com
Media Contact PSV Hafnium
Jakob Rybak-Andersen
Managing Partner
Mob: +45 29401719
E-mail: jra@psvhafnium.xyz
