Diligence memo · auto-generated · as of July 2, 2026

Onechip Photonics Corp

Onechip Photonics Corp looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Onechip Photonics Corp operates in Other Technology, based in OTTAWA.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Onechip Photonics Corp has raised $54M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $17M on 2011-04-29.

Most recent recorded round closed around 2012-09-12.

Valuation (modeled)modeled

Provath models Onechip Photonics Corp at approximately $474M (range $38M–$1.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.82× the median modeled value of Series B Other Technology companies in 2010–2012 (174 peers) — value vs value, same stage and era. Within the normal band (82% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 14 months.

Last raise 13.8 yr ago; this sector typically re-raises about every 13 months.

Silent for over 3× the sector's normal cadence.

The last round was 1.1× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 93% of Other Technology peers (21302 compared).

Modeled value ranks above 92% of those peers.

Closest niche peers: Petra Solar Inc, Kinnser Software, Inc., NCP Holding Co, Magic Lamp Corp., Vaddio Holdings, LLC.

Peoplefiled

13 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.