● Covered by 1 source · 1 reportMedium impact1 neutral
Morphotonics Raises €40M to Expand Nanoimprint Lithography into Data Centers
Key points
- Morphotonics secured €40 million in funding.
- The company uses nanoimprint lithography (NIL) for displays.
- Funding will scale production and target data center optics.
- NIL technology is used in AR glasses like Meta Ray-Ban Display.
Funding for Expansion
Morphotonics, a company based in the Netherlands, announced it has raised €40 million. This funding round was supported by 3M Ventures, Innovation Industries, BOM, Invest-NL, the European Innovation Council (EIC) Fund, Ernij Next, and the European Investment Bank (EIB). The investment is intended to scale the company's production capabilities.
Nanoimprint Lithography Technology
For 12 years, Morphotonics has developed nanoimprint lithography (NIL) technology. This process involves creating a "stamp" and applying it to photosensitive materials to produce various displays. Applications include augmented reality glasses and privacy screens for cars. The company has benefited from ASML's supply chain, utilizing similar vendors.
New Market Entry: Data Centers
With the new funding, Morphotonics plans to expand its technology into a new market: optical components for data centers. This move diversifies the company's focus beyond its current primary application in smart glasses and other optics.
Impact on Smart Glasses Market
Morphotonics' NIL technology is crucial for manufacturing waveguide technology used in smart glasses, including products like Meta Ray-Ban Display, Even Reality, and Magic Leap. Waveguides are thin components that direct light to display images for the wearer. The demand for smart glasses is growing, with sales in China doubling in the first eight months of this year, and shipments expected to reach 12.2 million by 2030 according to IDC.
Company Growth
The recent fundraising is part of an extended round that began in 2024. Morphotonics has used the capital to increase its headcount from approximately 30 employees in September 2024 to 60. The company plans further hiring, expecting to stabilize its workforce at 70 to 75 people.
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Reporting from
Morphotonics, a Dutch company specializing in nanoimprint lithography (NIL) for display manufacturing, has raised €40 million in funding. This investment will enable the company to scale production and enter the data center optical components market, in addition to its existing work on AR glasses displays.