CCRAFT Secures $11.3 Million and Expands Independent TFLN Photonic Chip Foundry - Quantum Computing Report

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CCRAFT Secures $11.3 Million and Expands Independent TFLN Photonic Chip Foundry

Swiss deep-tech innovator CCRAFT has successfully finalized an oversubscribed $7.8 million USD (CHF 6.3 million) Series A funding round led by QBIT Capital, with active capital injections from Zürcher Kantonalbank, Apprecia Capital, Spacewalk, and Blue Wonder Ventures. When combined with an additional $3.5 million USD in previously secured public funding and cantonal grants, the company’s total fresh capital reserves reach $11.3 million USD. Spun out of CSEM (the Swiss Center for Electronics and Microtechnology) in April 2025, the Neuchâtel-based manufacturer operates the world’s first independent pure-play foundry specialized in Thin-Film Lithium Niobate (TFLN) photonic chips, positioning itself to supply critical high-speed optical hardware to customers across four continents.