Polaris Electro-Optics raises $50m Series B for production
Walden Catalyst Ventures led the round as Polaris prepares FenGlass products for a 2027 launch.
Socratic Partners, Cambium Capital, Knollwood and Hudson River Trading joined as new investors. Returning backers include Koch Disruptive Technologies, M Ventures, Rhapsody Venture Partners, Buff Gold Ventures and Blue Sky Capital.
The company plans product tapeouts and qualification, engineering hires at both sites, a broader portfolio and volume scaling.
Polaris reports independently demonstrated 400 Gbps-per-lane performance, completed reliability testing and validated solder-reflow compatibility. Those engineering results precede the planned first commercial product launch in 2027.
Use of funds
Bring FenGlass electro-optic modulator platform to production
Expand product portfolio and scale volume
Fund product tapeouts and qualification
Hire engineering staff at both company sites