# Folio Photonics

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

- Industry: Hardware
- Headquarters: Solon, US
- Website: www.foliophotonics.com
- Total disclosed funding: $16M
- Latest round: Series A (Mar 10, 2026)
- Investors on record: 7

## About

Folio Photonics Inc. develops advanced data storage solutions, specializing in immutable active archive technology that enhances data security while cutting costs. Founded in 2012, Folio Photonics Inc. is based in Solon, US. In June 2026, Folio Photonics Inc. raised USD 8 million in series A funding co-led by new investors The O.H.I.O. Fund and Material Impact Fund, with participation from other new investors Pavey Investment, JobsOhio, and Jumpstart Ventures. Returning investor Refinery Ventures also participated in the round. Ken Singer is the founder, and Steven Santamaria serves as CEO. Folio Photonics specializes in providing an enterprise-scale, immutable active archive solution designed to meet the escalating demands of data storage. Their flagship product leverages advanced materials science and dynamic multi-layer read/write capabilities, which enhance data security and significantly reduce storage costs. This innovative solution targets organizations across various sectors, including finance, healthcare, and media, offering scalable storage solutions to address long-term data management strategies, facilitating efficient data archiving and retrieval.Folio Photonics generates revenue through B2B transactions, primarily by partnering with and selling directly to enterprise clients. Their client base includes large organizations that need reliable data storage solutions. The pricing structure for their services involves contractual agreements that cover installation, maintenance, and ongoing support for their active archive systems, with terms tailored to meet specific client needs based on data volume and service levels. The company intends to utilize the recent funding to expand its product offerings and enhance its active archive solutions. Plans are in place to target new markets and geographic regions, focusing on sectors that are facing rapid data growth. Specific release dates for upcoming products have not been disclosed, but the company aims to address increasing demands in data management and compliance across their client base.

## Funding rounds

- Series A, Mar 10, 2026, $8M — JobsOhio, Jumpstart Ventures, Material Impact Fund, Refinery Ventures, The O.H.I.O. Fund, Pavey Investments
- Seed, May 21, 2019, $8M — Capital One, Refinery Ventures

## Investors

- Capital One (https://capitalatlas.ai/funds/capital-one) — Seed
- Refinery Ventures (https://capitalatlas.ai/funds/refinery-ventures) — Seed, Series A
- JobsOhio (https://capitalatlas.ai/funds/jobsohio) — Series A
- Jumpstart Ventures (https://capitalatlas.ai/funds/jumpstart-ventures) — Series A
- Material Impact Fund (https://capitalatlas.ai/funds/material-impact-fund) — Series A
- The O.H.I.O. Fund (https://capitalatlas.ai/funds/the-o-h-i-o-fund) — Series A
- Pavey Investments — Series A