Kindrik Partners is delighted to have advised Quantifi Photonics, an emerging leader in high-density photonics test and measurement, on its recent series C US$15 million capital raise.
The round was led by Intel Capital, the venture capital arm of Intel Corporation, and was fully supported by existing New Zealand investors Pacific Channel, Nuance Connected Capital, Simplicity, K1W1, NZ Growth Capital Partners and UniServices.
“Intel Capital’s investment will help us carry out our strategy and seize the market for the high-value test instruments required to support the rapidly growing transceiver market, which is projected to exceed US $14B by the year 2026,” says Dr Andy Stevens, CEO and co-founder of Quantifi Photonics.
Partner Julie Fowler says of the deal “This was a great example of how quickly a deal can be closed when the company and the lead investor work to the same timetable. It was a pleasure working with all parties to get this investment transaction across the line”.
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