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Femtum raised more than C$5 million in oversubscribed seed round

Fasken
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Overview

Client

Femtum Inc.

Femtum completes its seed round, securing over C$5 million in funding. The round accelerates the commercialization of cutting-edge mid-infrared fiber lasers tailored to semiconductor manufacturers.

The funding is co-led by ELAS Technology Investment, a German high-tech fund specializing in photonics, and i4 Capital, a Canadian deep-tech fund. Additional contributors include Quantacet, Boreal Ventures, and Eureka along with globally recognized photonic technology funds Hamamatsu Ventures, and VIGO Ventures.

A Fasken team composed of Henrick Simard and Frédéric St-Jean advised Femtum Inc. in this transaction.

Jurisdiction

  • Québec

Team

  • Henrick Simard, Partner | Corporate/Commercial, Québec, QC, +1 418 640 2004, hsimard@fasken.com
  • Frédéric St-Jean, Associate | Corporate/Commercial, Québec, QC, +1 418 640 2087, fstjean@fasken.com