RANOVUS Inc. is a Canadian-based startup founded in 2012. The company's team prides itself on a unique combination of expertise in product development of optoelectronics components and transceiver subsystems for the Information Technology industry. Their disruptive innovation in Quantum Dot Multi-Wavelength Laser, combined with advanced digital and photonics integrated circuit technologies, is paving the way for the next generation of optical interconnect solutions. This technology boasts significant reductions in power dissipation, size, and cost of interconnects, as well as enabling a much higher degree of distortion tolerance compared to traditional solutions, ultimately facilitating a "freeway" architecture to reduce network latency. Their latest investment of $36.00M came in the form of a grant investment by the Strategic Innovation Fund (SIF) on 27 March 2023. This investment marks an important milestone for RANOVUS Inc. as they continue to push the boundaries of innovation in the Information Technology industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $36.00M | 1 | Strategic Innovation Fund | 27 Mar 2023 |
Grant | $20.00M | 1 | Federal Government | 14 Nov 2018 |
Grant | $8.00M | 1 | 04 Oct 2018 | |
Grant | $5.50M | 1 | 20 Jun 2017 | |
Series B | $24.00M | 6 | Deutsche Telekom, BDC Venture Capital | 08 Oct 2014 |
No recent news or press coverage available for RANOVUS Inc..