NLM Photonics adds key investors in quest to reduce the power needed to move data between chips

Test equipment measures a chip that uses NLM’s technology, showing how cleanly it carries high-speed data. (NLM Photonics Photo) NLM Photonics , a Seattle-based chip materials startup and University of Washington spinout, announced two new investors: Pangaea Ventures and Diamond Edge Ventures , the investment arm of Mitsubishi Chemical Corp. They joined as part of a funding round that totals $13 million, according to a Form D filed with the Securities and Exchange Commission.