# Swave Photonics funding: rounds and investors

> Swave Photonics has raised $7.0M across 1 round since 2025. Investors include imec.xpand, SFPIM Relaunch and EIC Accelerator. Every round with its source.

Source: https://millionrounds.com/company/swave-photonics (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Swave Photonics*

One round we have observed, with the 10 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Semiconductors VR & AR

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Funding summary Updated 7 Nov 2026

**$7.0M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series A, $7.0M Jan 2025
- **Led by:** imec.xpand and SFPIM Relaunch
- **Investors:** 10 (2 led)

See who backed them

## The rounds

- **Jan 2025** Series A **$7.0M** [imec.xpand](https://millionrounds.com/fund/imec-xpand) Lead [SFPIM Relaunch](https://millionrounds.com/fund/sfpim-relaunch) Lead [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Luminate](https://millionrounds.com/fund/luminate-accelerator) [PMV](https://millionrounds.com/fund/pmv) [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) [Qbic Fund](https://millionrounds.com/fund/qbic-fund) [EIC Fund](https://millionrounds.com/fund/eic-fund) [Imec](https://millionrounds.com/fund/imec) [Murata Electronics North America, Inc](https://millionrounds.com/fund/murata-electronics-north-america-inc) Reported by Silicon Canals

## Founders and team

From Swave Photonics's own website: 1 founder, 3 on the team.

**Dmitri Choutov PhD** Founder

- **Andrew Repton** VP Engineering & Chief Engineer
- **Derek Jensen** CFO & Head of Corporate Development
- **Pieter Vorenkamp** Chairman & Independent Director

Advisers *Gordon Wetzstein PhD* *Mike Noonen* *Ward Pitkin*

## Everyone who backed them

[imec.xpand](https://millionrounds.com/fund/imec-xpand) VC firm **1** round, led 1

[SFPIM Relaunch](https://millionrounds.com/fund/sfpim-relaunch) VC firm **1** round, led 1

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **1** round

[Luminate](https://millionrounds.com/fund/luminate-accelerator) Accelerator **1** round

[PMV](https://millionrounds.com/fund/pmv) Government **1** round

[IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) Private equity **1** round

[Qbic Fund](https://millionrounds.com/fund/qbic-fund) VC firm **1** round

[EIC Fund](https://millionrounds.com/fund/eic-fund) VC firm **1** round

[Imec](https://millionrounds.com/fund/imec) Accelerator **1** round

[Murata Electronics North America, Inc](https://millionrounds.com/fund/murata-electronics-north-america-inc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=swave-photonics).

## Quick answers about Swave Photonics

### Who invested in Swave Photonics?

Swave Photonics's investors include imec.xpand, SFPIM Relaunch, EIC Accelerator, Luminate and PMV, and 5 more on record. imec.xpand led its latest round.

### How much has Swave Photonics raised?

Swave Photonics has raised $7.0M across 1 round since 2025.

### When did Swave Photonics last raise?

Swave Photonics's most recent round was a Series A of $7.0M in Jan 2025, led by imec.xpand.

### What was Swave Photonics's biggest round?

Its most recent round, $7.0M in Jan 2025, is also its largest on record.

### Who backed Swave Photonics first?

Swave Photonics's first round on record, in Jan 2025, was backed by imec.xpand, SFPIM Relaunch and EIC Accelerator and 7 others.

### What stage is Swave Photonics at?

Swave Photonics's latest named round is a Series A, in Jan 2025.

### Where is Swave Photonics based?

Swave Photonics is based in Belgium.

### Who led Swave Photonics's rounds?

imec.xpand led the Series A in 2025.

## Companies like Swave Photonics

In the same sector, and raised in the last eighteen months.

[**TUSK IC** $17M · Sept 2026](https://millionrounds.com/company/tusk-ic)[**OBSESS** $316K · Nov 2026](https://millionrounds.com/company/obsess)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Nanochap** $119M · Nov 2026](https://millionrounds.com/company/nanochap)[**Moffett AI** $150M · Nov 2026](https://millionrounds.com/company/moffett-ai)[**Quint** $10M · Nov 2026](https://millionrounds.com/company/quint)

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