"Securing this funding and opening our Milan facility is a critical milestone for Ephos. Our glass-based photonic chips are set to transform not just quantum computing and AI, but the broader computational infrastructure of the future," says Andrea Rocchetto, CEO and co-founder at Ephos. He further emphasizes the importance of this project in revolutionizing technological progress.
"By addressing energy inefficiencies and enhancing performance across industries, from data centers to secure communications, we're laying the foundation for the next generation of computing technology," adds Rocchetto. This highlights the transformative potential of Ephos's technology in various sectors.
Alongside its Milan headquarters and new manufacturing facility, the funding will also go towards operating and growing its San Francisco team. This indicates Ephos's commitment to expanding its presence and capabilities in the tech market.
The Italian company has received €450K in non-dilutive funding from the European Innovation Council (EIC) and NATO's Defence Innovation Accelerator (DIANA), showcasing its recognition and support within the innovation ecosystem.
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