# Aeponyx

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aeponyx

- Industry: Semiconductors
- Headquarters: Montreal, Canada
- Website: www.aeponyx.com
- Total disclosed funding: $9.3M
- Latest round: Series A (Mar 14, 2019)
- Investors on record: 3

## About

Founded in 2013 by CEO Philippe Babin, and based in Quebec, Canada, Aeponyx Inc. operates as a manufacturer of fabless micro-optical switch semiconductor chips used in disaggregated switching systems and enables to increase the capacity and reduce the power consumption used of optical fibers. In March 2021, the company raised USD 10 million in venture funding from investors Pangaea Ventures, BDC Capital, Ecofuel, Fonds Innovexport, Investissement Québec. In March 2019, the company also raised USD 6.3 million in Series A funding led by Pangaea Ventures, with participation from Fonds InnovExport and Ecofuel. 
 
Aeponyx Inc. is a designer of the micro-optical switch and chips for fiber optic access to the cloud. The company also builds small micro-optical switches for tuneable transceivers and optical circuit switches. The company’s technological solutions also include advanced integrated photonic solutions, planar MEMS and Thermo-Optic switches, and hybrid integration capabilities for high volume manufacturing. The company also incorporates lasers, SOA amplification, APD and PIN photo-detectors, electronic controls, and other elements into its photonic solutions as well as Photonic Wire Bonding.
  
The company plans to use the new funds raised in March 2021 to accelerate and continue to commercialize its 5G product portfolio.

## Funding rounds

- Series A, Mar 14, 2019, $5.9M — Pangaea Ventures, Fonds Innovexport, Fonds Ecofuel
- Seed, Dec 17, 2017, $3.4M — Fonds Innovexport, Fonds Ecofuel

## Investors

- Fonds Innovexport (https://capitalatlas.ai/funds/fonds-innovexport) — Seed, Series A
- Fonds Ecofuel (https://capitalatlas.ai/funds/fonds-ecofuel) — Seed, Series A
- Pangaea Ventures (https://capitalatlas.ai/funds/pangaea-ventures) — Series A