Caliopa raises 1.3 million Euros
The Silicon Photonics platform from Caliopa offers best in class optical performance
Zwijnaarde (Belgium) – April 9, 2012 – Silicon Photonics company Caliopa announced today it has raised 1.3 million Euros from its current investors to finalize the development of its Silicon Photonics platform and the first product derived from it. The investors in this capital round are Baekeland, Fidimec, the Flemish investment company PMV and a private investor.
Caliopa, a spin-off from imec and UGent, develops and brings to market optical transceivers based on a single Silicon Photonics optical chip. Using Silicon Photonics Caliopa can make transceivers that are more compact and only consume half the power of devices available on the market today. With these improvements Caliopa is addressing a strong demand from the market for smaller and more power efficient optical network equipment, as power and floor space are major contributors to the operational cost of fiber-optic networks.
With the new investment Caliopa will be able to complete the development of state-of-the-art building blocks to address all data and telecommunications market segments: FTTH, AOC’s, Gigabit Ethernet and long-haul WDM applications. It will also allow Caliopa to finalize and qualify its first product for the FTTH market.
“In Silicon Photonics optimal coupling efficiency of the optical chip is key” says Martin De Prycker, CEO of Caliopa. “We believe that our Silicon Photonics platform, optimized for data and telecommunications, offers best in class optical performance”.
About Silicon Photonics
Silicon photonics offers the possibility of large cost savings (in materials, components, and energy consumption) and a significant increase in capabilities. The ability to use standard microelectronic CMOS manufacturing facilities and processes makes silicon photonics commercially very attractive. The sub-micron precision of these standard microelectronic CMOS processes allow for silicon photonics components to integrate a variety of optical functions in a very small chip that consumes far less power than traditional optical components. The decades of experience making (electronic) chips from silicon as well as the installed base of (silicon) semiconductor manufacturing capacity can be leveraged to build highly integrated low-cost optical components for a variety of applications. The performance, enabled by the high accuracy of the semiconductor manufacturing tools, is an important benefit but of even more interest is the potential to lower costs and increase volume production, much as it is in the regular semiconductor industry. Silicon photonics technology has become mature enough to potentially disrupt the component supply-side of opto-electronic and telecom/datacom markets.
Caliopa aspires to be a market leader in advanced optical transceivers for the data and telecommunication markets. The company was incorporated in 2010 as a spin-off of the Photonics Research Group of Ghent University and imec to commercialize a decade of research in Silicon Photonics. Benefitting from the advantages of Silicon Photonics, Caliopa will develop and market optical transceivers that offer advanced functionality, higher port density and lower power consumption. Caliopa is privately held by a consortium of investors including Baekeland, FIDIMEC, the Flemish investment company PMV and private investors.
Karsten Verhaegen, COO Caliopa, tel: +32 9 2415 606, fax: +32 9 2415 656