# Princeton Optronics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/princeton-optronics

- Industry: Electronics
- Headquarters: Mercerville, US
- Website: www.princetonoptronics.com
- Total disclosed funding: $25M
- Latest round: Series B (Aug 20, 2001)
- Investors on record: 5

## About

Princeton Optronics, Inc. specializes in advanced optoelectronic solutions, focusing on innovative laser technologies and photonic integration to enhance applications in various sectors.Founded in 1993 and headquartered in Mercerville, US, Princeton Optronics, Inc. develops advanced laser technologies. The company has completed 5 funding rounds, with the most recent being a Grant of USD 1.12 mn from the U.S. Department of Energy on March 17, 2017, raising a total of USD 25.00 mn. The firm has undergone significant changes in strategy, including being acquired by austriamicrosystems in 2017, although financial details of the acquisition were not disclosed.Princeton Optronics, Inc. offers a range of advanced laser and photonic technologies tailored for diverse applications. Its products include high-performance lasers designed for sectors such as telecommunications, medical technology, and industrial automation, facilitating precise measurement and imaging solutions. The company serves clients primarily in North America, Europe, and Asia, providing innovative solutions that meet the operational needs of healthcare providers and manufacturers.Princeton Optronics, Inc. generates revenue primarily through B2B transactions, focusing on direct sales to clients in various industries. This revenue model includes partnerships with distributors, ensuring that products reach end users efficiently. The pricing strategy is based on volume and negotiated contracts, highlighting long-term collaborations with clients, particularly in the medical and industrial sectors.Princeton Optronics, Inc. aims to expand its product portfolio with new laser technologies designed for enhanced imaging capabilities and medical applications. The company is also targeting growth in key global markets, particularly in Europe and Asia, by 2025. The recent funding from the U.S. Department of Energy will support the development of these innovative solutions as well as assist in the strategic initiatives following the acquisition by austriamicrosystems.

## Funding rounds

- Series B, Aug 20, 2001, $25M — Intel Capital, Novak Biddle Venture Partners, St. Paul Venture Capital, Patricia Industries, Technology Venture Partners

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Novak Biddle Venture Partners (https://capitalatlas.ai/funds/novak-biddle-venture-partners) — Series B
- St. Paul Venture Capital (https://capitalatlas.ai/funds/st-paul-venture-capital) — Series B
- Patricia Industries (https://capitalatlas.ai/funds/patricia-industries) — Series B
- Technology Venture Partners — Series B