Ayar Adds $25 Million to Series C Round

<p><strong>SANTA CLARA<&sol;strong> &&num;8212&semi; Ayar Labs&comma; a developer of silicon photonics for chip-to-chip connectivity&comma; has raised an additional &dollar;25 million in Series C1 funding&comma; bringing its total Series C raise to &dollar;155 million&period; The oversubscribed up round was led by new investor Capital TEN&period; VentureTech Alliance also entered the Series C expansion that included participation by previous investors Boardman Bay Capital Management&comma; IAG Capital Partners&comma; NVIDIA&comma; and Tyche Partners&period; Existing strategic and financial investors include Applied Ventures&comma; GlobalFoundries&comma; Hewlett Packard Pathfinder&comma; Intel Capital and Lockheed Martin Ventures&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We believe that future computing solutions will include large-scale use of silicon photonics for data communications&comma; and have been following Ayar Labs for some time now&comma;” said Pin-Nan Tseng&comma; General Partner at Capital TEN&period; &OpenCurlyDoubleQuote;Given our deep expertise in the semiconductor industry and the Taiwan semiconductor ecosystem&comma; we believe Ayar Labs has the technology solution&comma; people&comma; capital&comma; and broad support to lead in the transition from copper to optical interconnects for scale-out computing and memory applications&period;”<&sol;p>&NewLine;<p>Ayar Labs’ patented optical I&sol;O approach uses industry-standard&comma; cost-effective silicon processing techniques to replace traditional electrical I&sol;O with fast&comma; high-density&comma; low power optical I&sol;O chiplets and multi-wavelength light sources&period; Moving data between chips using light instead of electricity breaks the performance&comma; power&comma; and distance limitations of copper interconnect&comma; critical for latency-sensitive applications such as high performance computing&comma; AI and machine learning&period; Optical I&sol;O will also impact other areas that require rapid transfer of data&comma; such as cloud and data center&comma; telecommunications&comma; and aerospace and defense&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’re extremely pleased with the ongoing interest and financing we’ve received from leaders in the semiconductor industry&comma;” said Charles Wuischpard&comma; CEO of Ayar Labs&period; &OpenCurlyDoubleQuote;This C1 adds sophisticated investor partners that will allow us to accelerate our strategic roadmap&comma; and is further validation of our technology and plan to bring silicon photonics-based interconnect solutions to market at scale&period;”<&sol;p>&NewLine;<p>Ayar Labs plans to use the funds to accelerate the implementation and commercialization of its optical I&sol;O solutions to address the power consumption&comma; latency&comma; reach and system bandwidth bottlenecks that threaten future advances in generative AI&comma; while also expanding the company&&num;8217&semi;s product offerings and development efforts&period;<&sol;p>&NewLine;<p>NVIDIA&comma; which participated in Ayar Labs’ earlier Series C raise in April 2022&comma; increased its investment in the company&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;NVIDIA is reimagining the data center with integrated hardware&comma; software and networking for accelerated computing&comma;” said Craig Thompson&comma; Vice President of Business Development&comma; Networking Business Unit at NVIDIA&period; &OpenCurlyDoubleQuote;Generative AI models with trillions of parameters are accelerating demand for this platform&comma; which is why we are increasing our investment in Ayar Labs&period;”<&sol;p>&NewLine;

Editor

Two B-1 Bombers to Fly Over Levi Stadium

To commemorate America’s 250th birthday at the 2026 Super Bowl, the U.S. Air Force and…

22 hours

RobCo Reels In $100 Million

SAN FRANCISCO & MUNICH -- RobCo, a physical AI-driven robotics company raised $100 million to…

22 hours

Decagon Valued at $4.5 Billion With $250 Million Round

SAN FRANCISCO -- Decagon, a provider of conversational AI agents for concierge customer experiences, has…

22 hours

Ricursive Intelligence Scores $400 Million Series A

PALO ALTO -- Ricursive Intelligence, a frontier AI lab founded by the co-creators of AlphaChip,…

2 days

Genspark Crosses $100 Million in Annual Run Rate

PALO ALTO -- Genspark announced the launch of AI Workspace 2.0, the next evolution of…

2 days

NFL Super Bowl Media Schedule

The NFL has released the Super Bowl LX media schedule in the San Francisco Bay…

2 days