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Venture Capital News: AvicenaTech Raises $25M Series A Round

2022-08-02
MOUNTAIN VIEW, CA, AvicenaTech today announced that the company has secured $25 million in a Series A funding round.
AvicenaTech, the leader in microLED-based chip-to-chip interconnects, today announced that the company has secured $25M 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.

Avicena is developing ultra-low energy optical links based on mircoLEDs. These interconnects offer class-leading bandwidth density and energy efficiency for medium reach. Applications include chip-to-chip interconnects in HPC, AI/ML, and memory disaggregation, as well as next generation links in sensors, 5G wireless and aerospace. Avicena's technology is a key building block in the evolution of new networking and computing architectures that will reduce the energy impact on our planet.
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