Christine Parrish will become Chief Executive Officer effective August 1, 2026, succeeding Erica Nemser, who will continue to support the company through the transition and then serve as Executive Chair.
The company discusses startup-corporate partnerships in hard tech, including testing relationships before committing capital, assessing how partnerships operate, and gaining business-unit support.
It captures 301 spectral bands across the 400 to 1,000 nm range using a high-sensitivity sCMOS sensor, so researchers get high-fidelity spectral and spatial detail without the excessively long exposures low-light samples usually demand.
Pangaea invests in start-up companies using advances in materials, chemistry, and biology to address global challenges and enable a sustainable future.
Seattle-based NLM Photonics adds Pangaea Ventures and Mitsubishi Chemical’s Diamond Edge Ventures as investors in a $13 million Series A2 round. Its Selerion organic electro-optic material replaces silicon in chip modulators and, the company says, performs 10 to 15 times more efficiently, targeting data-center and fiber-optic links. NLM has begun sending customers samples of 1.6- and 3.2-terabit chips, which it says are manufactured at GlobalFoundries.