Salience Labs raises $11.5M (Oxford)

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Salience Labs has raised a Seed round of $11.5 million. The round was led by Cambridge Innovation Capital and Oxford Science Enterprises, with Oxford Investment Consultants, former CEO of Dialog Semiconductor Jalal Bagherli, Silicon Catalyst, the Goh Family Office in Singapore and Deeptech Labs also participating in the round.

Salience Labs is working on a multi-chip processor that packages a photonics chip together with standard electronics, according to the company.

Salience Labs is headquartered in Oxford, UK.