E
Ephos
Glass-based programmable photonic chips enabling ultra-low-loss performance for AI data centers and quantum computers.
About Ephos
Ephos designs and manufactures programmable photonic chips on glass for AI data centers and quantum computers, delivering ultra-low-loss photonic solutions that are robust, scalable, and cost-effective. Unlike traditional chip manufacturers relying on silicon-based technologies, Ephos builds on glass substrates, which offer best-in-class signal loss performance — one of the greatest hurdles in building a quantum computer. The company's novel 3D design and manufacturing capabilities unlock unique scaling opportunities and computational modalities that enable superior system performance. A key differentiator of the glass approach is that it enables processing and communication on the same chip, overcoming limitations found in current silicon-based solutions, with superior signal transmission. Founded in 2022 by theoretical physicist Andrea Rocchetto alongside researchers Francesco Ceccarelli, Giacomo Corrielli, and Roberto Osellame, Ephos was established to address a gap in Italy's deep-tech ecosystem. The founding team brings expertise from Stanford, Harvard, and Politecnico di Milano. Ephos operates a 53,000-square-foot facility (Fab-1) in the Milano Innovation District, serving as its central manufacturing and R&D hub. In July 2025, Ephos secured a €41.5 million grant under the EU Chips Act to build Fab-2, the world's first facility for processing advanced optical materials on glass at industrial scale, representing a total investment of €104.9 million. Ephos became the first startup to be awarded a grant under the EU Chips Act framework, joining beneficiaries such as TSMC, Infineon, and STMicroelectronics. The company serves customers across AI infrastructure, high-performance computing, quantum computing, and secure communications sectors.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Milan, Italy
- Employees
- 28
- Open positions
- None listed
- Dealroom signal
- 86.7/100
- Sector
- Defence, Quantum Computing, Defence Applications, Chips, Spinout, Photonic Integrated Circuits, Future of Computing, Semiconductor Designers and Manufacturers, Quantum Computers and Processors
- Technology
- Hardware, Deep Tech, Nanotech, Quantum Technologies
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Jul 2025 | $46M | — | European Union | ↗ |
| GRANTOther financing | Sep 2024 | $495K | — | Defence Innovation Accelerator for the North Atlantic (DIANA) | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Ephos is 1.6K monthly website visits, down 33.3% over the last three months. Ephos's team grew 12% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed13 investors entered at this stage
Defence Innovation Accelerator for the North Atlantic (DIANA)
Starlight Ventures
Investors' club
Green Sands Equity
2100 Ventures
Collaborative Fund
Joe Zadeh
Exor
Diego Piacentini
Silicon Roundabout Ventures
Unruly Capital
Simone Severini
European Union
Other known investors1 additional known investor
National Research Council of Italy
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ephos on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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