Avicena Secures $25 Million Series A

MOUNTAIN VIEW &&num;8212&semi; AvicenaTech Corp&period;, a developer of microLED-based chip-to-chip interconnects, has secured &dollar;25 million in Series A funding from Samsung Catalyst Fund, Cerberus Capital Management, Clear Ventures, and Micron Ventures to drive the development of products based on Avicena’s breakthrough photonic I/O solution&period;&NewLine;&OpenCurlyDoubleQuote;We believe that Avicena technology can be transformational in unlocking compute-to-memory chip-to-chip high-speed interconnects&period; Such technology can be central to supporting future disaggregated architectures and distributed high-performance computing (HPC) systems,” said Marco Chisari, EVP of Samsung Electronics and Head of the Samsung Semiconductor Innovation Center&period;&NewLine;&OpenCurlyDoubleQuote;We are excited to participate in this round at Avicena,” said Amir Salek, Senior Managing Director at Cerberus Capital Management and former Head of Silicon for Google Infrastructure and Cloud&period; &OpenCurlyDoubleQuote;Avicena has a highly differentiated technology addressing one of the main challenges in modern computer architecture&period; The technology offered by Avicena meets the needs for scaling future HPC and cloud compute networks and covers applications in conventional datacenter and 5G cellular networking&period;”&NewLine;Avicena’s LightBundle I/O solution eliminates the existing bottlenecks of copper links triggered by power consumption, latency, reach and bandwidth density thus dramatically improving existing system performance&period; This enables new, dramatically higher-performing architectures in artificial intelligence (AI), machine learning (ML), cloud computing, next generation cellular radio, remote sensing, and aerospace applications&period;&NewLine;The groundbreaking LightBundle technology is based on arrays of GaN micro-emitters that leverage the microLED display ecosystem and can be integrated onto any high-performance CMOS IC&period; Avicena leverages recent advances in the display industry to enable high volume, low-cost production of highly optimized microLED arrays&period;&NewLine;&OpenCurlyDoubleQuote;We are excited about closing our Series A funding with a distinguished group of existing and new investors,” said Bardia Pezeshki, Founder and CEO of Avicena&period; &OpenCurlyDoubleQuote;We will use the new funds to scale our team and build initial products for our growing family of partners and customers&period;”&NewLine;

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