Multicore Photonics

company

About

An Orlando startup developing smart fiber optic-based industrial sensors to monitor.

  • 11 - 50

Details

Last Funding Type
Grant
Last Funding Money Raised
$149.49K
Industries
Industrial,Information Technology,Sensor
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

Multicore Photonics specializes in the design and packaging of commercially scalable direct OEM replacement fiber optic sensors and instrumentation using MCF fiber technology, a fiber technology initially developed at CREOL (UCF’s College of Optics and Photonics). Multicore sensors can measure temperature, pressure, chemical, flow, and structural conditions in excess of 1000-degree C and enable Best-in-Class companies to successfully implementing strategies around leveraging advanced asset management capabilities.
Asset Performance Management (APM) is a term that is not well defined in the industry. The main goal of APM is to synchronize operations, maintenance, IT, and corporate goals to improve profitability and shareholder value. This requires visibility into all aspects of the asset lifecycle in addition to having real-time information about the asset condition. Multicore Photonics fiber, sensor and interrogation technologies aid in APM’s maximization of RoA (Return on Assets) and helps achieve a competitive advantage while reducing total asset lifecycle costs through Reliability Centered Maintenance (RCM), Condition Based Maintenance (CBM), analytics, and asset performance monitoring.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$0.90M
Multicore Photonics has raised a total of $0.90M in funding over 2 rounds. Their latest funding was raised on Apr 4, 2017 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 4, 2017 Grant $760K 1 National Science Foundation Detail
Dec 21, 2015 Grant $149.49K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Multicore Photonics is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant