$12.5M Financing Completed
Harvard University photonics spinoff
SiOnyx Inc. of Beverly, Mass., has completed its $12.5 million series B financing,
with laser giant Coherent Inc. of Santa Clara, Calif., as one of its new investors.
Based on a laser implant method discovered at Harvard and commonly referred to as
“black silicon,” SiOnyx’s patented semiconductor process enhances
the performance of light-sensing devices across a range of applications in the consumer,
industrial, medical and defense industries and could lead to the development of
smaller, cheaper, high-performing silicon photonic devices, the company said. Other
new investors in the series B funding round were venture capital and growth equity
firm Crosslink Capital and Vulcan Capital, the venture firm started by Microsoft
co-founder Paul Allen. Existing investors Polaris Venture Partners and Harris &
Harris also participated, SiOnyx said.