Femtum Raises $3.7M Seed Round

Laser technology startup Femtum has closed a 5 million CAD ($3.7 million) seed round. The funding accelerates its commercialization of mid-IR fiber lasers tailored to semiconductor manufacturing processes. Femtum is a 2017 spinout of the University Laval’s Center for Optics, Photonics and Lasers, co-founded by CEO Louis-Rafaël Robichaud and CTO Simon Duval.

Femtum company founders Simon Duval, CTO (left) and Louis-Rafaël Robichaud, CEO (right). Courtesy of Sabina Kopica.

The funding was co-led by ELAS Technology Investment, a German high-tech fund specializing in photonics, and i4 Capital, a Canadian deep-tech fund. Additional contributors include Quantacet, Boreal Ventures, and Eureka, along with photonic technology funds Hamamatsu Ventures, and VIGO Ventures.