Xscape Photonics has filed a notice of an exempt offering of securities to raise $44,000,000.00 in New Equity Investment.

Xscape Photonics has filed a notice of an exempt offering of securities to raise $44,000,000.00 in New Equity Investment.

According to filings with the U.S. Securities and Exchange Commission, Xscape Photonics is raising up to $44,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Vivek Raghunathan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Xscape Photonics
Xscape is using photonics to realize scalable, high-bandwidth, energy-sustainable, and cost-effective solutions that enable the next generation of AI, ML, and simulation hardware.

To learn more about Xscape Photonics, visit http://www.xscapephotonics.com/
Xscape Photonics Linkedin Page: https://www.linkedin.com/company/xscape-photonics-inc/

Contact:
Vivek Raghunathan, Chief Executive Officer
646-370-3560
https://www.linkedin.com/in/vivek-raghunathan-8228913a/

SOURCE: http://www.intelligence360.io
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