Sicoya is a spin-off from TU Berlin where we raised 4.9 M€ of nonrepayable public funds. The public grants SiliconLight, Silimod, eXIST Forschungstransfer and SPEED have been crucial in achieving major breakthroughs in our technology development. In 2015 and 2016 we closed a Series A financing round of 4.5 M€ with Target Partners and KfW.
“Sicoya represents an outstanding opportunity to invest in one of the worldwide leading activities in integrated photonics. We are very proud to be able to support the company in what will be a major step towards the next generation of high-performance integrated photonics.”
Waldemar Jantz, partner at Target Partners and board member at Sicoya.
Sicoya will enter the market in 2017 with a 100 Gbit/s transceiver chip with integrated electronics and optics on a single chip.
The KfW invests €1 million in a second closing of Series A investment in Sicoya GmbH based in Berlin. This increases the total Series A financing to €4.5 million.
What makes the company unique is that it has made three disruptive innovations in silicon photonics that will impact in a major way the three most critical parameters for data center transceivers: low cost, low power consumption & better high-speed performance.
+ Leadership in Silicon Photonics – novel disruptive technology – for emerging communication markets
+ Intellectual property portfolio including the worldwide smallest 100 Gbit/s optical transceiver technology
+ Scalable business model
+ Significant cost, size, power reduction versus any currently available alternative
+ Initial products 100G/200G PSM4 and CWDM4 transceivers and optical engines in 2017