Morphotonics raises €40M to expand its display tech into data centers

Morphotonics raised €40 million from investors including 3M Ventures, EIB, and the EIC Fund to scale its nanoimprint lithography (NIL) machines for producing waveguide displays used in smart glasses and to enter the data-center optics market. The new capital will double staff to 60, support a machine that can produce over 6 million waveguides annually, and expand deployments from 10-15 to 50 systems in the next 2-3 years.