Founded in 2018 as a spinout from the Cambridge Graphene Centre, CamGraPhIC develops graphene-based optical interconnect technology aimed at increasing bandwidth density while reducing latency and energy consumption versus silicon photonics. The company is part of the 2D Photonics SpA group and focuses on applications in AI accelerators, high-performance computing and data centres. Its roadmap includes industrialisation through a pilot manufacturing facility near Milan to enable device qualification, early runs and transfer to high-volume foundry processes, with the pilot line slated to be operational in 2028. The recently approved €211 million state-backed package is intended to fund that industrialisation and scale-up. The project is expected to create over 150 highly skilled jobs across photonics engineering, materials science and semiconductor manufacturing. 2D Photonics, the parent group, raised €25 million in a Series A in February 2025.

Total raised

$281M

Funding rounds

4

Latest round

Equity

Latest activity

Apr 2026