Mapsi Photonics — Seed (estimated) · approximately €1.5M

Universitat Politècnica de Catalunya spin-off Mapsi Photonics, which makes macroporous-silicon infrared filters for gas detection, thermal vision and biodetection, raised around €1.5M in a round led by Bullnet Capital. It is Bullnet's eighth investment from its Innvierte Science Tech Bullnet Capital IV fund and will fund industrialisation of manufacturing and a broader product range.