SAN FRANCISCO—SiOnyx Inc., the Harvard-spinout shallow junction photonics startup that markets the material known as "black silicon," announced it has closed $12.5 million in Series B funding.
The $12.5 million was provided by new investors Coherent Inc., Crosslink Capital and Vulcan Capital, as well as existing investors Polaris Venture Partners and Harris & Harris. There are no resulting changes to SiOnyx’s board of directors.
"Our early success in delivering record-breaking performance in applications from simple light detection to thin-film photovoltaics has fueled our momentum," said Stephen Saylor, CEO of SiOnyx, in a statement. "With this new funding, SiOnyx will launch our first commercial products and expand the suite of solutions offered to our strategic partners."
SiOnyx (Beverly, Mass.) is commercializing a fundamentally new semiconductor processing technique that it says represents a breakthrough in the development of smaller, cheaper, high-performing silicon photonic devices. The company said its black silicon is based on a patented semiconductor process that enhances the performance of light-sensing devices across a range of applications in the consumer, industrial, medical and defense industries.
SiOnyx said it recently demonstrated record-breaking photosensitivity in collaboration with the U.S. Army Research Office and is currently working with a number of industry and government partners to advance the use of its technology.
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