{"id":901853,"date":"2026-04-27T03:31:53","date_gmt":"2026-04-27T08:31:53","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/27\/italy-gives-e211-million-to-data-center-tech-firm-2d-photonics\/"},"modified":"2026-04-27T03:31:53","modified_gmt":"2026-04-27T08:31:53","slug":"italy-gives-e211-million-to-data-center-tech-firm-2d-photonics","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/27\/italy-gives-e211-million-to-data-center-tech-firm-2d-photonics\/","title":{"rendered":"Italy Gives \u20ac211 Million to Data Center Tech Firm 2D Photonics"},"content":{"rendered":"<div>\n<section>\n<p>Article content<\/p>\n<p>(Bloomberg) \u2014 Italy awarded a \u20ac211 million ($249 million) grant to a company seeking to speed up processing at artificial intelligence data centers as part of a bid to support local startups.<\/p>\n<\/section>\n<section data-aqa=\"identity-sign-in\" data-async id=\"article-block\">\n<header>\n<div>\n<p><img decoding=\"async\" alt=\"Financial Post\" height=\"37\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/21.0.2\/websites\/images\/identity\/logo-identity-fp.svg\" width=\"280\"><\/p>\n<div>\n<p>THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>SUBSCRIBE TO UNLOCK MORE ARTICLES<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div data-auth-component id=\"auth-screen-form\" aria-live=\"assertive\">\n<h2>Sign In or Create an Account<\/h2>\n<p><span><\/span><span>or<\/span><span><\/span><\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>2D Photonics Group\u2019s Camgraphic subsidiary will use the funds to develop graphene-based photonics technology, the company said in a statement on Wednesday. 2D Photonics also committed to build a pilot manufacturing plant near Milan, where it will seek to move graphene photonics from the research phase to actual production. The company didn\u2019t provide further details on the conditions of the grant.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Silicon photonics uses light to transmit data and has the potential to be faster and more power-efficient than older copper-based connections in data centers. 2D Photonics is betting that incorporating graphene will improve energy efficiency and bandwidth, helping reduce the huge amount of electricity consumed when training AI.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div aria-labelledby=\"FinancialPostTopStories649158750104191751655777804222464\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<p>By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Companies selling technology that can optimize data center performance are seeing surging demand from large US tech companies, which are spending hundreds of billions this year to build out infrastructure for AI. Lumentum Holdings Inc., which makes devices that enable high-speed data transmission, said last week that its order books are full through 2028. Lumentum and rival Coherent Corp. received $2 billion each in investment from Nvidia Corp. last month.\u00a0<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>\u201cThis investment goes straight to the heart of what\u2019s limiting AI today,\u201d 2D Photonics Chief Executive Officer Ben Jensen said. \u201cCompute keeps getting faster, but data movement hasn\u2019t kept pace. Graphene-based optical technology offers a way to move vastly more data using far less power.\u201d\u00a0<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>The grant was cleared by the European Commission and is considered state aid, the company said. The Italian grant will be among the largest public investments in an Italian deep-tech startup, it said.\u00a0<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>2D Photonics investors include CDP Venture Capital, the NATO Innovation Fund, Join Capital, Sony Innovation Fund and Bosch Ventures.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<\/div>\n<p> Bloomberg News <br \/><a href=\"https:\/\/financialpost.com\/pmn\/business-pmn\/italy-gives-e211-million-to-data-center-tech-firm-2d-photonics\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article content (Bloomberg) \u2014 Italy awarded a \u20ac211 million ($249 million) grant to a company seeking to speed up processing at artificial intelligence data centers as part of a bid to support local startups. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive<\/p>\n","protected":false},"author":1,"featured_media":901854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[511,2379],"tags":[7818,16096],"class_list":{"0":"post-901853","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gives","8":"category-italy","9":"tag-gives","10":"tag-italy"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/901853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=901853"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/901853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/901854"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=901853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=901853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=901853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}