Nov. 16, 2023, 11:38 p.m. | Jim Nash

Biometric Update

Silicon photonics vendor SiLC has announced $25 million in new funding but is not saying much else about the deal.

Participants in the funding include industrial-robotics companies Hokuyo, Hankook and ROHM. It is not known if it is an equity or debt deal or any other details. SilC says it had already raised $31 million in seed and series A rounds.

Company officials have pledged the money to expanding production of its newest products as well as developing mobility, robotics, …

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