Frontier IP Portfolio Firm 2D Photonics Secures €200M in Italian State Aid

Key Facts

12D Photonics secured €200 million in Italian state aid to accelerate the scale-up of its graphene-based photonics technology.

2The funding will enable the construction of a pilot manufacturing facility capable of producing 200mm wafers.

3The funding was approved under European Union state aid rules.

2D Photonics, a portfolio company of Frontier IP Group, has secured a substantial €200 million in Italian state aid to accelerate its technological development. The funding, approved under European Union state aid regulations, is earmarked for scaling up graphene-based photonics technology. Specifically, the capital will be utilized to construct a pilot manufacturing facility capable of producing 200mm wafers. This milestone marks a significant step toward the commercial-scale deployment of the company's proprietary technology. For Frontier IP, this infusion of capital serves as a major de-risking event and a valuation catalyst for one of its key assets. The move underscores the strategic importance of graphene in the future of the semiconductor and photonics industries.