Samsung Venture Investment Group
Samsung Venture Investment Group, the investment arm of Samsung Group, and other companies have invested $20 million in ultrafast laser solutions company Raydiance Inc.’s latest growth financing round. The funds will be used to accelerate the Petaluma, Calif.-based company’s consumer electronics efforts and to ramp up manufacturing to meet the demand for its medical device, automotive and other manufacturing customers. Others included in the financing round are existing Raydiance investors Draper Fisher Jurvetson, DFJ-Growth and Greenstreet Partners.
- The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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