Nuance Connected Capital has successfully exited its investment in Quantifi Photonics through its acquisition by Teradyne, showcasing the potential of New Zealand's deep-tech sector.

Target Company Overview

Quantifi Photonics, a distinguished player in the deep technology sector, has been at the forefront of innovation in high-speed computing and optical interconnect solutions. Established against a backdrop of rich scientific foundation, the company has attracted significant support from various investors, including Nuance Connected Capital, Intel Capital, and multiple other high-net-worth individuals. This acquisition by Teradyne, Inc., a global leader in automated test equipment, represents a major step forward in recognizing Quantifi's potential and capabilities within the semiconductor supply chain.

Industry Overview in New Zealand

The deep technology industry in New Zealand has experienced remarkable development over recent years, characterized by increased investment and innovation. With a burgeoning ecosystem that fosters collaboration among startups, investors, and research institutions, New Zealand is becoming a notable hub for deep-tech initiatives. This growth is crucial as deep technology solutions drive transformative changes across industries, from healthcare to telecommunications.

While the pathway for monetizing deep tech is often challenging due to the scientific complexities involved, New Zealand's approach has seen a surge in acquisitions from overseas, particularly from esta