Innolume, a diode laser manufacturer co-based in Santa Clara, Calif. and Dortmund, Germany, has raised $13.4 million (€8.6 million euros) in its third round of funding. The company makes lasers that can operate in a wavelength unattainable by other lasers, useful for applications in manufacturing, telecommunications and medicine. S-Group Capital Management led the round, and was joined by Applied Ventures, NRW.BANK and Peppermint Financial Partners.