Morphotonics Secures €40 Million to Scale Display Technology for Smart Glasses and Data Centers
Dutch startup Morphotonics has raised €40 million in a funding round led by investors including 3M Ventures, Innovation Industries, BOM, Invest-NL, the European Investment Bank (EIB), and others. The company specializes in nanoimprint lithography to produce waveguide displays used in smart glasses like Meta Ray-Ban Display and Magic Leap devices. With demand for such optics growing rapidly—China reported a doubling of smart glass sales year-to-date—the funding will help scale production, expand workforce from 30 to over 60 employees, and develop new machines capable of producing millions of waveguides annually. Beyond consumer applications, Morphotonics is also expanding into data centers with co-packaged optics technology using photonic integrated circuits. Though it has not yet shipped systems in this area, customer validation indicates strong interest. The company currently generates 90% of its revenue from hardware sales and plans to increase deployments globally from around 15 today to over 50 within two to three years.
Topics: Optics Semiconductors Smart Glasses Startups Technology