About Phyworks
Phyworks is a company based in Bristol (United Kingdom) founded in 2001 was acquired by Maxim Integrated in September 2010. Phyworks has raised $24.3 million across 2 funding rounds from investors including Maxim Integrated, Atlas Venture and Add Partners. The company has 2 employees. Phyworks operates in a competitive market with competitors including InnoLight, KAIAM Corporation, Kaiam, EFFECT Photonics and Anteryon, among others.
- Headquarter Bristol, United Kingdom
- Employees 2
- SectorsTechnology
- Website phyworks-ic.com
- Social LinkedIn X
- Acquired by Maxim Integrated (Sep 2010)
- Legal Name Phyworks Limited
- Date of Incorporation 20 Sep, 2000
- Jurisdiction BRISTOL, ENGLAND
- Annual Revenue$1.7 M (USD)-2as on Jun 26, 2021
- Net Profit-$4.2 M (USD)-375as on Jun 26, 2021
- EBITDA-$5.19 M (USD)-363as on Jun 26, 2021
- Total Equity Funding$24.3M (USD)
in 2 rounds
- Latest Funding Round$13.3M (USD), Series B
Sep 2003
- InvestorsMaxim Integrated
& 4 more
- Employee Count2
- Acquired byMaxim Integrated
(Sep 2010)
Funding Insights of Phyworks
Phyworks has successfully raised a total of $24.3M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.3 million completed in September 2003. 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.
- Total Funding $24.3M
- Total Rounds 2
- Last Round Series B — $13.3M
- First Round $11M
(Jun 2002)
- Investors Count 4
All 2 funding rounds of Phyworks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2003 | $13.3M | Series B | – | Advent Venture Partners | |
| Jun 2002 | $11M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Phyworks
Phyworks has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Maxim Integrated, Atlas Venture and Add Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States | |
- | – | addpartners.com | - | |
Climate companies are invested in by this venture capital firm. | – | preludeventures.com | San Francisco, United States | |
VC & PE firm | – | adventventures.com | London, United Kingdom | |
Analog and mixed-signal integrated circuits are manufactured for diverse applications. | 1983 | maximintegrated.com | San Jose, United States |
Investor details for Phyworks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Phyworks
4 dated milestones of Phyworks across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Phyworks is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series B, of $13.3M.
- Exit Acquired by Maxim Integrated.
Competitors of Phyworks
Phyworks 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 InnoLight, KAIAM Corporation, Kaiam, EFFECT Photonics and Anteryon, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| innolight.com | 2008 | Suzhou, China | $38M | – | High-speed optical transceivers are developed for cloud and SDN networks. | |
| kaiamcorp.com | 2008 | Newark, United States | $72.33M | – | Optical transceivers and PLCs for fiber communications are manufactured. | |
| kaiam.com | 2009 | Newark, United States | $40.23M | – | Optical transceivers and photonic circuits are designed and manufactured. | |
| effectphotonics.com | 2010 | Eindhoven, Netherlands | $173.83M | – | Integrated optical communications products are developed using indium phosphide technology. | |
| anteryon.com | 1943 | Eindhoven, Netherlands | – | – | Optical components and sub-assemblies are designed, manufactured, and tested. | |
| fs.com | 2009 | New Castle, United States | – | 5 | Provider of communication products connecting and securing global data centers | |
| amstechnologies.com | 1982 | Planegg, Germany | – | – | Provider of optical, thermal, and electronics solutions | |
| luxtera.com | 2001 | Carlsbad, United States | $151.14M | 133 | Transceivers for optical communication are manufactured using silicon photonics technology. | |
| onechipphotonics.com | 2005 | Ottawa, Canada | $44.35M | – | Develops optical transceivers using photonic integrated circuits for advanced communications. | |
| qingyue-tech.com | 2020 | Suzhou, China | – | – | Provider of optoelectronic systems |
Detailed competitors of Phyworks
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- Full competitor set
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Latest news on Phyworks
Complete news archive for Phyworks
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Similar companies to Phyworks
10 companies that operate in the same segment as Phyworks (Optical & Photonics Technologies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multiple sectors are invested in by the venture capital firm. | 1934 | Minato, Tokyo, Japan | – | USD 57.04 M | – | |
Provider of diversified optics for microscopic instruments, medical imaging systems and more | 1846 | Oberkochen, Baden-wurttemberg, Germany | USD 49.79 M | USD 2.62 B | – | |
Cloud-based network management software is provided for infrastructure planning. | 1992 | Hanover, New Hampshire, United States | – | USD 4.77 B | 8,660 | |
Fiber lasers are developed and supplied for industrial applications. | 2000 | Vancouver, Washington, United States | USD 203.65 M | USD 261.33 M | 800 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.32 B | USD 1.04 M | 12 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
Fiber-optic networking products are designed and manufactured for broadband markets. | 1997 | Sugar Land, Texas, United States | USD 64.82 M | USD 455.71 M | 3,310 | |
Data center fiber optic networks and connectivity solutions are provided. | 1991 | California, United States | – | USD 51.57 B | 37,000 | |
LiDAR-based sensors for autonomous vehicles and energy applications are developed. | 2014 | Shanghai, China | USD 598.93 M | USD 421.17 M | 1,020 |
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Frequently Asked Questions about Phyworks
Phyworks was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Phyworks is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Phyworks is a funded company, having raised a total of $24.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 2002.
Phyworks has 2 employees.
Annual revenue of Phyworks is $1.7M as on Jun 26, 2021.
The company was established in 2001 in Bristol, United Kingdom, focusing on the broadband communications sector. Optical transceiver chips and related ICs are developed to support optical fiber and copper networks. Transimpedance amplifiers and transceivers are produced to handle data rates ranging from 1Gbps to 10Gbps in communication systems. Acquisition by Maxim Integrated occurred in 2010.
Phyworks's top competitors include InnoLight, EFFECT Photonics and AMS Technologies.
Phyworks has 5 investors. Key investors include Maxim Integrated, Atlas Venture, Add Partners, Prelude Ventures, and Advent Venture Partners.
Phyworks operates through Phyworks Limited.
Yes. Phyworks was acquired by Maxim Integrated in September 2010.