Morphotonics, a deeptech company, has raised €40 million in a new funding round. The investors include 3M Ventures, Innovation Industries, BOM, and Invest-NL.
The company will use the capital to expand its display technology into data centers, according to TechCrunch. The report does not provide further details on the technology or the timeline for the expansion.
The funding round highlights growing investor interest in deeptech hardware and the potential for display technology in data center applications.