Uviquity sells $2.5 million in debt as deep-UV laser sampling nears
The Sense Photonics founders are seeking another $1.1 million as Uviquity moves its first chip-scale ultraviolet source toward OEM customers.
By Ryan Merket · Published
Primary source: SEC
Why it matters
Uviquity is financing the gap between a photonics prototype and OEM sampling. Its next test is proving the chip can leave the lab and reach foundry-scale economics.
Uviquity, the Raleigh photonics developer co-founded by M. Scott Burroughs, Russell Kanjorski and Brent Fisher, has sold $2.5 million of a planned $3.6 million securities offering as the founders prepare to put their first deep-ultraviolet laser into customers' hands.…
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