# DustPhotonics

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

- Industry: Telecoms
- Headquarters: Modi`in, Israel
- Website: www.dustphotonics.com
- Total disclosed funding: $49M
- Latest round: Series B (Feb 21, 2024)
- Investors on record: 6

## About

Founded in 2017 and based in Modi'in, Israel, DustPhotonics Inc. is a telecommunications company that operates as a developer and manufacturer of pluggable optical modules and solutions for data centers. As of 2024, the company is headed by its CEO Ronnen Lovinger. In February 2024, the firm raised USD 24 million in Series B funding co-led by investors Atreides Management, Exor Ventures, Sienna Investment Managers, and returning investor Greenfield Partners.

DustPhotonics provides a comprehensive technology platform for Silicon Photonics, featuring the CARMEL product family. This includes the CARMEL 400Gb/s DR4 and CARMEL8 800Gb/s DR8 Transmit Photonics ICs, both integrated with lasers. The company's offerings also encompass active and passive optical components crucial for building communication systems.

The company plans to use the February 2024 funding to commercialize its Carmel-4 and Carmel-8 products, as well as boost the development of other products.

## Funding rounds

- Series B, Feb 21, 2024, $24M — Sienna Investment Managers, Greenfield Partners, Atreides Management, Exor Ventures
- Series B, Sep 22, 2019, $25M — Intel Capital, Celesta Capital

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series B
- Sienna Investment Managers — Series B
- Greenfield Partners (https://capitalatlas.ai/funds/greenfield-partners) — Series B
- Atreides Management (https://capitalatlas.ai/funds/atreides-management) — Series B
- Exor Ventures — Series B