About Covega
Covega is a company based in Jessup (United States) founded in 2003 was acquired by Thorlabs in March 2009. Covega has raised $27 million across 2 funding rounds from investors including Square 1 Bank, Thorlabs and Core Capital Partners. Covega operates in a competitive market with competitors including CyOptics, LioniX International, AGNIT Semiconductors, Nexus Photonics and Aurrion, among others.
- Headquarter Jessup, United States
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$27 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Aug 21, 2006
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Investors
Square 1 Bank
& 9 more
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Employee Count
Not available
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Acquired by
Thorlabs
(Mar 20, 2009)
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Funding Insights of Covega
Covega has successfully raised a total of $27M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in August 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Covega
Covega has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Square 1 Bank, Thorlabs and Core Capital Partners.
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Core Capital Partners is engaged in venture capital investments.
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Early-stage life sciences and tech focused VC firm funding companies in the US
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Investor details for Covega
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Investments & Acquisitions by Covega
Investment portfolio details for Covega
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Financial Statements - Covega
Detailed financials for Covega
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Covega Comparisons
Peer comparison for Covega
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Competitors of Covega
Covega operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CyOptics, LioniX International, AGNIT Semiconductors, Nexus Photonics and Aurrion, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of Indium phosphide-based optical chips
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Photonic ICs and microsystems are designed and manufactured.
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Manufacturer of gallium nitride (GaN) semiconductors for radio-frequency applications
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Photonic integrated circuits are developed using III-V semiconductor materials.
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Silicon photonic platform with InP materials is provided for integration.
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Detailed competitors of Covega
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Latest news on Covega
Complete news archive for Covega
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Frequently Asked Questions about Covega
Covega was founded in 2003.
Covega is headquartered in Jessup, United States. It is registered at Jessup, Maryland, United States.
Covega is a funded company, having raised a total of $27M across 2 funding rounds to date.
Covega was founded in 2003 and is based in Jessup, United States. InP and LiNbO3 materials are provided to enable production of optical devices and modules. Gain chips, semiconductor optical amplifiers, indium phosphide products, lithium niobate components, and foundry services are offered. The telecommunications, data communications, military, and cable television industries are served through these operations.
Covega's top competitors include LioniX International, AGNIT Semiconductors and CyOptics.
Covega has 10 investors. Key investors include Square 1 Bank, Thorlabs, Core Capital Partners, Intersouth Partners, and Next47.