# Anello Photonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anello-photonics

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.anellophotonics.com/
- Total disclosed funding: $53M
- Latest round: Series B (May 4, 2026)
- Investors on record: 18

## About

Anello Photonics specializes in creating high-performance navigation systems, with a focus on silicon photonics technology. Founded in 2020 in California, US, by Dr. Mario Paniccia (CEO) and Mike Horton the company completed its most recent funding round, In May 2026, Anello Photonics, Inc. raised USD 25 million in series B funding led by Mesh Ventures, with participation from Washington Harbour Partners. Returning investors Lockheed Martin Ventures, Catapult Ventures, New Legacy, One Madison Group, IronGate Capital Advisors, and Mana Ventures also participated in the round.

Anello Photonics specializes in cutting-edge inertial navigation systems, primarily through its flagship products, including the Silicon Photonics Optical Gyroscope (SiPhOG™), ANELLO IMU+, ANELLO GNSS INS, and ANELLO Maritime INS. These products leverage advanced silicon photonics technology, enabling high-performance navigation sensors designed for autonomy in various environments, including GPS-degraded and GPS-denied scenarios. The SiPhOG™ offers a compact solution with low-drift performance, making it suitable for applications in defense, robotics, agriculture, construction, and autonomous vehicles. Customers include military organizations and industries that require reliable navigation solutions, with the products distributed across significant markets, including North America, Europe, and parts of Asia, reflecting the company's broad global reach.

Anello Photonics generates revenue through the sale of its innovative navigation products to commercial and governmental clients, adopting a direct sales model. Transactions typically involve contracts for bulk purchases, particularly with defense agencies and industry partners, structured as one-time payments or multi-year agreements. These arrangements may include maintenance and support services bundled with the technology, enhancing the value proposition for clients. The company's flagship products, such as the SiPhOG™ and ANELLO IMU+, are central to its offerings, catering to sectors seeking advanced, reliable navigation systems. Specific pricing plans and transaction structures are tailored to the needs of each client, based on the complexity and scale of the solutions being provided.

The company plans to use the May 2026 funding for expansion and drive broader deployment of resilient navigation solutions for autonomous systems navigating in GPS-denied and contested environments across land, air, and sea.

## Funding rounds

- Series B, May 4, 2026, $25M — Catapult Ventures Group, Mesh Ventures, Lockheed Martin Ventures, IronGate Capital Advisors, Mana Ventures, Washington Harbour Partners, One Madison Group, New Legacy
- Series B, Nov 18, 2024 — New Legacy, In-Q-Tel, Lockheed Martin Ventures, Catapult, Trousdale Ventures, Mana Ventures, Handshake Ventures, One Madison Group, K2 Access Fund, Purdue Innovates, IronGate Capital Advisors, Build Collective
- Series A, Oct 21, 2021, $28M — HCVC, Lockheed Martin Ventures, JSCapital, Catapult, Legacy Ventures

## Investors

- HCVC (https://capitalatlas.ai/funds/hcvc) — Series A
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series A, Series B
- JSCapital (https://capitalatlas.ai/funds/jscapital) — Series A
- Catapult — Series A, Series B
- Legacy Ventures (https://capitalatlas.ai/funds/legacy-ventures) — Series A
- New Legacy (https://capitalatlas.ai/funds/new-legacy) — Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B
- Trousdale Ventures (https://capitalatlas.ai/funds/trousdale-ventures) — Series B
- Mana Ventures (https://capitalatlas.ai/funds/mana-ventures) — Series B
- Handshake Ventures (https://capitalatlas.ai/funds/handshake-ventures) — Series B
- One Madison Group (https://capitalatlas.ai/funds/one-madison-group) — Series B
- K2 Access Fund (https://capitalatlas.ai/funds/k2-access-fund) — Series B
- Purdue Innovates — Series B
- IronGate Capital Advisors — Series B
- Build Collective (https://capitalatlas.ai/funds/build-collective) — Series B
- Catapult Ventures Group (https://capitalatlas.ai/funds/catapult-ventures-group) — Series B
- Mesh Ventures (https://capitalatlas.ai/funds/mesh-ventures) — Series B
- Washington Harbour Partners (https://capitalatlas.ai/funds/washington-harbour-partners) — Series B