Verizon Ventures led a $4.5 million Series A financing round backing PICadvanced, a start-up targetting NG-PON2.
PICadvanced, which is based in Portugal, is working on NG-PON2 transceivers – including innovation in the optics, electronics and in the blending of the the two.
The investment round also included the participation of 200M Co-Investment Fund managed by PME Investimentos, which makes co-investments in high-growth Portuguese startups.
https://picadvanced.com/
