Pangaea Invests in NLM Photonics, Joins Board

We are delighted to have joined NLM Photonics’ Series A2 round, and to welcome them to the Pangaea Portfolio.

NLM is solving a constraint sitting underneath the AI infrastructure buildout. Moving data between chips now consumes a growing share of data center power, and the silicon modulators doing that work lose efficiency as lane rates climb. NLM's Selerion organic electro-optic materials replace them, delivering higher bandwidth on substantially less energy, and applying after a standard silicon photonic wafer run so foundries add a step rather than rebuild a line.

David Weekes joins NLM's board of directors. We are investing alongside Diamond Edge Ventures, the venture arm of Mitsubishi Chemical, and existing investors Emerald Technology Ventures, Idemitsu, Tokyo Ohka Kogyo, Oregon Venture Fund, and StoryHouse Ventures.

See NLM’s full press release here.

We will share a full breakdown of why we invested tomorrow.