Nicslab, a fabless chip company specializing in integrated circuits for optical solutions, recently secured a $1 million investment after winning first place in the Luminate NY Accelerator Competition’s seventh round. The funding will support Nicslab’s plans to establish a new office in Rochester, where they will focus on U.S. operations, research and development, and collaboration with key industry players like AIM Photonics and GlobalFoundries. This move is expected to drive innovation in AI, data centers, and quantum computing applications.
Luminate NY, known for investing in startups within the optics and photonics sectors, has helped grow companies in this field, with Nicslab being one of its standout participants. The accelerator program, part of Rochester’s growing tech ecosystem, provides essential funding and resources to startups pushing the boundaries of photonics and integrated circuits
Photonics Spectra – This outlet covered Nicslab’s victory at the Luminate finals and details about their technology and future plans in Rochester. You can read more here https://www.photonics.com/Articles/Nicslabs_Fabless_Chip_Technology_Earns_First/a70341
