Ayar Labs, Latest Optical Interconnect Startup To Raise Big, Hits Unicorn Status

Set up the lab Locked in $155 million in Series D financing, led by Anhong International and Light Street Capital With a valuation of over US$1 billion, it becomes the latest optical interconnect company to receive huge funding.

The new funding round includes participation from a number of strategic players, including AMD Ventures, Intel Capital, NVIDIA, 3M Startups and autopilot. Existing investors such as Applied Ventures LLC, Axial Partner, Boardman Bay Capital Management, GlobalFoundries, IAG Capital Partners, Lockheed Martin Ventures, global playground and Entrepreneurship Technology Alliance Also participated.

Ayar’s optical solutions for transmitting data replace older electrical solutions, helping users maximize the computing efficiency and performance of artificial intelligence infrastructure while reducing cost and power consumption.

Ayar was founded in 2015 and has raised $370 million, according to the company.

Make big money in optical interconnects

Ayar is the latest optical interconnect startup trying to solve artificial intelligence’s bottlenecks in computing and power usage.

October, light matter Secured US$400 million in Series D financing led by new investors T. Rowe Price The valuation is US$4.4 billion. in by total volume – along with Fidelity Also participated in a new round of competition.

the same week, Xscape Photonics — A New York-based startup also using photonics to solve the energy, performance and scalability challenges of artificial intelligence data centers — raised $44 million in Series A funding from IAG Capital Partners and received investment from the following institutions Cisco Investment and NVIDIA.

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Illustration: Dom Guzman