Spain’s iPronics Raises €107.6 Million with NVIDIA Backing to Scale Optical Networking for AI Data Centres
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Nvidia enters iPronics with a round of 125 million dollars to accelerate optical switches that reduce the consumption of data centers. The entry Nvidia invests in iPronics, the Valencian photonic startup that wants to reduce the consumption of AI aparece primero en Merca2.
US technology giant Nvidia has made its first significant investment in the Spanish technology sector, participating in a funding round exceeding $125 million for Valencia-based startup iPronics. The startup, which accelerates inter-processor connections and data flow in AI data centers, aims to reduce energy consumption and increase efficiency with its developed optical switches.
ChainCatcher reports that, according to Reuters, iPronics, an AI data center optical interconnect company, has announced the completion of a $125 million Series B funding round. The round was co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund. This brings the company's total funding to $177 million. iPronics primarily …
iPronics Raises $125 Million to Scale Programmable Optical Networking for AI Data Centers
iPronics, a pioneer in silicon photonics-based optical circuit switching for AI infrastructure, has announced $125 million in Series B funding co-led by Maverick Silicon and Light Street Capital.Nvidia joined the round, with participation from new and existing investors including Triatomic Capital, Bosch Ventures, Catalight Capital, European Innovation Council Fund, The Tate Family Trust, Fine Structure […]
Spain’s iPronics raises €107.6 million with NVIDIA backing to scale optical networking for AI data centres
iPronics, a Valencia-based company specialising in silicon photonics-based optical circuit switching for AI infrastructure, has raised €107.57 million ($125 million) in Series B funding, bringing the company’s total funding to €152.3 million ($177 million). The round was co-led by Maverick Silicon and Light Street Capital. NVIDIA joined the round, with participation from new and existing […]
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