Italy-Based CamGraPhIC Secures €211M Funding To Solve AI data Bottlenecks
Apr 16, 2026 | By Oliver Bennett

CamGraPhIC, a Pisa-based deeptech company and research arm of 2D Photonics, has received approval for €211 million in funding from the European Commission and the Italian State to develop next-generation optical technologies for advanced computing systems.
SUMMARY
- CamGraPhIC, a Pisa-based deeptech company and research arm of 2D Photonics, has received approval for €211 million in funding from the European Commission and the Italian State to develop next-generation optical technologies for advanced computing systems.
Founded in 2018 as a spinout from the Cambridge Graphene Centre, the company focuses on graphene-based optical interconnects designed to improve how data moves within AI infrastructure, data centres, and high-performance computing environments.
Its technology aims to overcome a key bottleneck in modern computing data transfer between chips by delivering higher bandwidth, lower latency and significantly reduced energy consumption compared to traditional silicon photonics.
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The funding will support the industrialisation of its technology and the construction of a pilot manufacturing facility near Milan, helping transition from research to large-scale production.
“This investment goes straight to the heart of what’s limiting AI today,” says Ben Jensen, CEO of 2D Photonics. “Compute keeps getting faster, but data movement hasn’t kept pace. Graphene-based optical technology offers a way to move vastly more data using far less power, which is exactly what the next generation of AI systems will require.”
“The measure approval allows us to move quickly from innovation to execution ” Marco Romagnoli, Co-founder and CSO added. “By building manufacturing capability alongside the technology, we’re laying the groundwork for graphene photonics to become a practical part of future AI systems not just a research promise.”
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