NantOptiFab sells $20M offering to one investor for US photonics foundry
NantOptiFab's fully sold Form D names executive Henry Hung and NantWorks founder Patrick Soon-Shiong as directors.
By RuntimeWire Staff · Published
Primary source: U.S. Securities and Exchange Commission
Why it matters
AI infrastructure increasingly depends on optical links that can move data faster without matching increases in power consumption. NantOptiFab's fully sold $20M offering gives Henry Hung additional capital to pursue US production across TFLN, silicon and silicon-nitride photonics, with Patrick Soon-Shiong serving as a director.
NantOptiFab executive Henry Hung sold $20 million of equity to a single investor as the young foundry pursues US production of the optical components needed to move data through AI systems.
The offering was fully subscribed, with zero remaining, according to an SEC Form D filed August 27th. NantOptiFab made the first sale on August 12th under Rule 506(b), an exemption commonly used for private placements. The filing lists no sales commissions or finder's fees.…