Anello Photonics, a Santa Clara, CA-based creator of the silicon photonic optical gyroscope, raised an undisclosed amount in Series B funding.
The round was led by Lockheed Martin, Catapult Ventures and One Madison Group. Additional investors included New Legacy, Build Collective, Trousdale Ventures, In-Q-Tel (IQT), K2 Access Fund, Purdue Strategic Ventures, Santuri Ventures, Handshake Ventures, Irongate Capital and Mana Ventures.
The company intends to use the funds to improve navigation and positioning in GPS-denied environments across both industrial and defense applications.
Led by CEO Dr. Mario Paniccia, Anello Photonics is a technology company that has developed the ANELLO SiPhOG™ – Silicon Photonics Optical Gyroscope – based on integrated photonic system-on-chip technology. Its technology portfolio spans over 28 issued patents, over 44 pending patents, and also includes an AI-based sensor fusion engine.
Its solutions are designed to meet the demands of navigation, positioning, and motion tracking for autonomous applications in challenging GPS-jammed and spoofed environments.
The company is actively collaborating with leading customers across diverse industries, including Construction, Agriculture, Trucking, Robotics, Unmanned Aerial Vehicles, Unmanned Underwater Vehicles, Autonomous Vehicles, Defense and National Security.
