Morphotonics Closes Over €40M to Scale AI Glasses Production
Morphotonics closed €40M+ Series B led by Invest-NL to scale manufacturing technology for AI glasses and AR waveguides.
The big picture: Netherlands-based deeptech company Morphotonics has closed over €40 million in Series B funding to scale its manufacturing technology for AI glasses, augmented reality waveguides, and advanced photonic components. The round saw continued backing from existing investors 3M Ventures, Innovation Industries, and BOM, with Invest-NL as a major new investor. The European Innovation Council (EIC) Fund, Ernij Next, and the European Investment Bank (EIB) also participated.
Why it matters:
- Mass Adoption Barrier: AI glasses and spatial computing devices face a critical manufacturing bottleneck for their optical components, hindering their path to mass consumer adoption.
- Cost & Scale: Current production methods for waveguides are often slow, expensive, and difficult to adapt to diverse optical designs, limiting their output to consumer-electronics scale.
- Market Demand: The surging interest in AI glasses and intelligent devices underscores an urgent need for scalable and cost-effective manufacturing solutions for their intricate optical systems.
How it works:
- Nanoimprint Lithography: Morphotonics develops large-area nanoimprint lithography platforms designed for precise replication of micro- and nanoscale structures across large substrates.
- Precision Patterning: The process uses a mold to press nano- and microscopic patterns into a liquid resin coating, which is then hardened with UV light, ensuring high precision.
- Cypris Platform: The company’s Cypris platform is specifically engineered for high-volume waveguide manufacturing, aiming to enable faster and more affordable production of components for AI glasses and other optical systems.
The catch: The market for AI glasses and AR devices is highly competitive and rapidly evolving, with numerous players vying for market share. While Morphotonics addresses a critical manufacturing challenge, its success depends on the broader adoption rate of these devices and its ability to maintain a technological edge against potential competitors or alternative manufacturing solutions. The capital-intensive nature of scaling deeptech manufacturing also presents execution risks.
Key Facts
- Company: Morphotonics
- Amount: Over €40M
- Round: Series B
- Investors: Invest-NL (lead), 3M Ventures, Innovation Industries, BOM, European Innovation Council (EIC) Fund, Ernij Next, European Investment Bank (EIB)
- Announced: 2026-09-22
- Sector: Photonic Component Manufacturing
- Headquarters: Veldhoven, Netherlands