DustPhotonics

End-to-end Silicon Photonics Solutions

Industrial Technologies
Acquired by Credo Technology Group on Apr 2026

Company Overview

Snapshot

Founded in January 2017 by Yoel Shetrit, Ben Rubovitch, Amir Geron, and Kobi Hasharoni, DustPhotonics operates with 51–200 employees. The company raised a total of $99 million across 5 funding rounds and was acquired by Credo Technology Group in April 2026.

Business overview

DustPhotonics develops optical connection technology utilizing silicon photonics, essential for high-speed data communication. Their core offerings, including the CARMEL series and Low Loss Laser Coupling (L3C) technology, aim to enhance data transfer efficiency and reliability while reducing energy consumption and operational costs. This solution facilitates the seamless integration of components for modern optical communication systems, primarily serving the data center and telecommunication industries within the Industrial Technologies sector.

Strategic signal

DustPhotonics' acquisition by Credo Technology Group in April 2026 for up to $1.3 billion signals a significant validation of its silicon photonics technology and its critical role in next-generation optical connectivity. This exit underscores the increasing demand for advanced data center and AI infrastructure solutions, positioning silicon photonics as a key enabling technology for high-speed, energy-efficient data transfer.

Company Intelligence Q&A

What was the most significant corporate event for DustPhotonics?
DustPhotonics was acquired by Credo Technology Group in April 2026. The deal was valued at up to $1.3 billion.
Which investors participated in the Series B follow-on funding round in February 2024?
In February 2024, DustPhotonics secured funding from Greenfield Partners and Atreides Management as part of a Series B round.
What was the key product announcement made by DustPhotonics in September 2024?
In September 2024, DustPhotonics launched an industry-first merchant 1.6TBs silicon photonics engine, targeting AI and hyperscale data center applications.
Who led the Series B funding round for DustPhotonics in September 2019?
In September 2019, Intel Capital led.
When did DustPhotonics announce its company formation and initial product availability?
DustPhotonics announced its company formation and the availability of 400 Gigabit QSFPDD optical transceivers in March 2018.

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