Innovation Industries leads the Series A. imec.xpand, Invest-NL Deep Tech Fund, QBIC, HTGF, and BOM return. Total funding now stands at €55m. The money funds in-house chip design and a push toward volume sensors built on the company’s NCOS color-splitting technology.

Eindhoven-based eyeo has raised €40m in Series A funding to commercialise a sensor technology that, in the company’s framing, removes a constraint that has shaped digital imaging for fifty years.

The round is led by Innovation Industries, with existing backers imec.xpand, Invest-NL Deep Tech Fund, QBIC, High-Tech Gründerfonds, and Brabant Development Agency (BOM) participating. Total funding raised by eyeo now stands at €55m.

The financing benefits from European Union support under the InvestEU Fund.

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The technical premise is direct.…