#USA #AI Technology #Tel Aviv #Prisma Photonics #Fiber Sensing

Prisma Photonics Secures $30M for Expansion

Prisma Photonics, an innovative deep-tech company, has successfully completed an oversubscribed funding round, raising $30 million to accelerate the scalability of its AI-driven Hyper-Scan Fiber-Sensing™ platform. This investment brings their total capital raised to an impressive $80 million. Leaders in the funding round include Protego Ventures along with contributions from Adara Ventures and a prominent Latin American transmission operator, alongside existing support from companies such as Insight Partners and Chione Switzerland.

The company's pioneering technology converts standard optical fibers into sophisticated sensor networks that monitor and secure infrastructures. Already deployed across thousands of kilometers globally, their system has been utilized by 15 Tier-1 Transmission System Operators in the U.S. and Europe. The AI-driven platform offers meter-level accuracy in detecting, classifying, and localizing various events, from security breaches to conditions threatening power grid stability. This advanced solution has proven instrumental in safeguarding critical infrastructures, including military installations and renewable energy integration.

Lee Moser, Managing Partner at Protego Ventures, commended Prisma Photonics, stating, "Their innovative technology addresses vital needs across multiple sectors, from physical security to the resilience of energy grids. We are excited to back their growth journey and help safeguard essential infrastructure on a global scale."

The raised funding will significantly bolster Prisma Photonics' expansion in the U.S. and Europe while also aiding its strategic move into Latin America, where the demand for advanced renewable energy solutions is surging.

Alberto Echeverri, Partner at Adara Ventures, also expressed enthusiasm about the investment, saying, "Prisma Photonics has proven its effectiveness with U.S. and European utilities, and is set to assist operators in emerging markets that hold vast potential for advanced grid technologies. We’re proud to support their mission to enhance capacity and mitigate risks during this energy transition."

Dr. Eran Inbar, CEO of Prisma Photonics, highlighted the pressing concerns impacting critical infrastructures worldwide. "Our technology harnesses AI to translate raw optical fiber signals into actionable insights in real time. This capability allows us to address diverse challenges, safeguarding military facilities while simultaneously optimizing renewable energy systems. This new funding pushes us closer to our goal of creating smarter, safer, and more resilient infrastructures across the globe."

Founded in 2017 and headquartered in Tel Aviv, Prisma Photonics aims to redefine infrastructure monitoring by using existing optical fibers for monitoring purposes, thereby eliminating the reliance on conventional sensors. With its Hyper-Scan Fiber-Sensing™ technology, they empower operators to detect, assess, and respond to threats with unmatched speed and precision.

Furthermore, each implementation enhances their AI models, creating an increasing advantage that is both defensible and compounding. The company is guided by a team of experts known for their successful background in building and scaling deep-tech firms.

As the landscape of global infrastructure faces growing challenges—ranging from security threats to the impacts of climate change—Prisma Photonics stands at the forefront of providing innovative solutions that protect and optimize critical systems. With their latest funding round, they are poised to make significant strides in securing infrastructures and paving the way for a more resilient future.