Scintil Photonics of France in €50m Series B funding

Scintil Photonics, a Grenoble, France-based technology firm in Heterogeneous Integrated Photonics for AI infrastructure, announced the completion of a €50 million Series B funding round led by Yotta Capital Partners and NGP Capital, with participation from Nvidia.

The round includes new participation from BNP Paribas Développement, alongside existing investors including Supernova Invest, Bpifrance Digital Venture, Innovacom, Bosch Ventures, Applied Ventures ITIC Innovation Fund (AVITIC).

“The funding enables Scintil to expand hiring in France and internationally, including the U.S., accelerate production, and deepen its international presence as it delivers the industry’s first single-chip DWDM (Dense Wavelength Division Multiplexing) light engine, integrating multi-wavelength lasers with silicon photonics, aligned with next-generation co-packaged optics (CPO),” said Scintil Photonics.

“Scintil’s solutions are purpose-built to meet the high-bandwidth, low-latency, and high-density demands for next-generation AI infrastructure, delivering the scale, efficiency, and performance required for tomorrow’s most powerful GPU clusters.

Scintil Photonics CEO Matt Crowley said: “This investment marks a pivotal moment for Scintil as we move to full-scale deployment.

“Our SHIP technology enables integrated photonic solutions with the scalability, energy efficiency, and integration density required to power next-generation compute infrastructure.

“This efficiency not only reduces data center operating costs but also contributes to lowering the carbon footprint of AI infrastructure. With LEAF Light entering high-volume production, we’re expanding from our base in Grenoble into the international markets, including the U.S., to support the world’s most advanced AI factories.”

Sylvie Menezo, founder and CTO of Scintil Photonics, said: “We developed our LEAF Light integrated circuit in close collaboration with our customers. Used as an external laser source for Co-Packaged Optics (CPO) transmissions, it is a key component for the next generation of AI data centers.

“Its uniqueness lies in a single-chip solution that monolithically integrates precisely spaced DFB lasers on silicon photonic circuits, produced through a robust commercial supply chain.

“Our SHIP technology provides a strong and disruptive foundation to expand our portfolio of integrated photonic circuit solutions for the coming decades.”

Vincent Deltrieu, Managing Partner at Yotta Capital Partners, said: “Scintil exemplifies the kind of innovation leaders we look for, combining advanced manufacturing, deep-tech leadership, and meaningful impact on the energy demands of AI infrastructure.

“Scintil’s integrated photonics platform is essential to scale the next generation of AI factories. We’re excited to support their global growth as they move to high-volume shipments.”

Bo Ilsoe, Managing Partner at NGP Capital, said: “Integrated photonics is becoming a foundation of all AI infrastructure, and Scintil is turning that future into reality.

“Their technology delivers the bandwidth density and energy efficiency AI factories require with global scalability. We’re excited to support Scintil as they scale deployments and become a leading player in building the next wave of compute and data infrastructure.”