PicoJool Targets Low-Cost, High-Bandwidth VCSELs
PicoJool emerged from stealth with $12 million in funding led by Playground Global, positioning the Palo Alto startup to introduce a new class of pixel-level photonics designed to close the...
Start-ups
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Celero Raises $140M to Scale Coherent DSPs
Celero Communications, a start-up based in Irvine, California, raised $140 million to accelerate development of its coherent DSP platform for AI infrastructure, securing a $100 million Series B led by...
Quantum Pulse Unveils Error-Reduction for Photonic Quantum
Tel Aviv-based Quantum Pulse Ventures (QPV) introduced a new universal directional coupler technology that could dramatically lower the cost and complexity of photonic quantum computers (PQCs). The company claims its...
Xanadu to Go Public in $3.6B SPAC, First Pure-Play Photonic Quantum Company
Toronto-based Xanadu Quantum Technologies plans to go public through a merger with Crane Harbor Acquisition Corp., a SPAC listed on Nasdaq, valuing the combined company at approximately $3.6 billion. The...
Tenstorrent Launches Open Chiplet Atlas Ecosystem
Tenstorrent introduced the Open Chiplet Atlas (OCA) Ecosystem, an open framework designed to standardize and accelerate development across the emerging chiplet market. Unveiled at the company’s San Francisco event, OCA...
ChipAgents Raises $21M to Bring Agentic AI to Chip Design
ChipAgents secured an oversubscribed $21 million Series A round to advance its AI platform for semiconductor design and verification. The round, led by Bessemer Venture Partners with strategic participation from...
OneLayer Raises $28M Series A to Accelerate Private 5G
Boston-based OneLayer has raised $28 million in Series A funding to expand its enterprise-focused private LTE and 5G management and security platform. The oversubscribed round was led by Maor Investments,...
Vertical Semi Raises $11M to Tackle Power Bottlenecks in AI Data Centers
Vertical Semiconductor, a spinout from MIT, secured $11 million in seed funding to commercialize vertical gallium nitride (GaN) transistors aimed at solving one of AI infrastructure’s most pressing challenges: efficient...
PINC Tech Emerges From Stealth With $6.8M to Scale Nonlinear Photonics
Pasadena-based PINC Technologies, a spinout from Caltech’s Nonlinear Photonics Laboratory, has raised $6.8 million in Seed+ funding to commercialize its NanoPPLN platform — an integrated photonic circuit technology designed to...
Arrcus Expands India Operations
Arrcus announced a major expansion of its India operations to support the country’s accelerating demand for AI-ready, cloud-scale, and mobile networking infrastructure. The company, known for its disaggregated networking software...
Corintis Raises $24M and Teams with Microsoft on In-Chip Cooling
Corintis raised $24M in Series A funding to scale its microfluidic chip cooling technology, aiming to tackle the growing thermal bottleneck in AI datacenters. Microsoft validated the approach with a...
Aeluma Raises $25.4M in Oversubscribed Public Offering
Aeluma closed an oversubscribed public offering of 1.96 million shares at $13.00 per share, generating $25.4 million in gross proceeds. The company, which uplisted to Nasdaq earlier this year under...
Groq Raises $750 Million as Inference Demand Surges
Groq secured $750 million in fresh financing at a $6.9 billion valuation, reinforcing its role in the U.S. AI technology stack. The round was led by Disruptive, with participation from...
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