Back to Mobile View
Subscribe to the CrunchBase Daily for the latest on Fundings, Acquisitions, and Startup Events

Exit

PublicTSX:PTK
Raised
Post IPO Valuation

General Information

Offices

Head Office
121 Richmond Street W
Suite 501
Toronto, M5H2K1, CAN
Operations Office
P.O. Box 555
Storrs-Mansfield, CT, 06268
USA

People

President & CEO
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors & Chief Scientist
Executive Chairman
Executive Director & Chairman of Special Strategic Committee

Funding

TOTAL $5M
POST IPO FUNDING TOTAL $5M
Post IPO Equity, 2/2014
$5M
DEBT TOTAL $5M
Debt, 11/2011
Silicon Valley Bank
$5M

Tags

POET Technologies

POET Technologies (formerly Opel Technologies) is the developer of a platform that will power the next wave of innovation in integrated circuits, by combining electronics and optics onto a single chip for massive improvements in size, power, speed and cost.

For almost 50 years, Moore’s Law has dictated the pace of technological change. As the number of transistors on a chip double approximately every 1.5 to 2 years, this increases the performance capabilities of computing devices and the many functions they make possible. Unfortunately, with present silicon-based integrated circuits and manufacturing processes, performance and cost improvements under Moore’s Law are increasingly unsustainable, and will soon come to an end.

These physical limitations will increasingly impede electronics manufacturers from continuing to build smarter, faster, more efficient and cheaper devices – including sensors, lasers and computing devices (PCs, smartphones, tablets, etc).

By integrating optics and electronics onto one monolithic chip, POET will provide its customers with a rebirth for Moore’s Law and usher in a new wave of innovation in integrated circuits.

Dr. Geoff Taylor and the POET research and development team have spent more than 18 years developing and proving out numerous components of the POET platform, resulting in 32 patents to date, and six patents pending.

Recent Milestones

Videos

Screenshots

Stock Price

Sources

  1. Opel fueled by $5M SVB credit (masshightech.com) [edit]
  2. POET Technologies Announces Closing of $5,000,000 Private Placement (marketwired.com) [edit]
  3. Storrs semiconductor firm raising $5M (hartfordbusiness.com) [edit]
Edit This Page
Last Edited 2/13/14

Revision History RSS Picture

Sharing

Share this page on Twitter or Facebook:
Or copy this code to embed a widget: customize »

External Links

CrunchBase API

Sponsors



Become a Sponsor
Terms of Service | Privacy Policy | Licensing Policy