Photonics assembly foundry Phix finds investments to expand

Phix Photonics Assembly has secured 3 million euros in equity and loans from existing shareholders and a 20 million euro investment from the National Growth Fund (NGF). The Enschede-based company will use the combined funds to further develop its automated packaging capabilities, increase capacity and move to a larger Enschede Kennispark building in the first quarter of 2023.

“The finalization of the recent investment round and our choice to move to the new production facilities clearly show our ambitions to grow our business and to enable our worldwide customers to further grow their business. In addition, with

the support of the National Growth Fund, we are able to further scale up and professionalize our production capabilities in The Netherlands for the high-volume packaging of photonic chips,” commented Phix CEO Albert Hasper.