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Ayar Labs raises $155m in Series D funding round led by Advent Global Opportunities and Light Street Capital

What happened

Silicon photonics firm Ayar Labs raised $155 million in a Series D funding round led by Advent Global Opportunities and Light Street Capital, with participation from strategic investors including 3M Ventures. The funding is intended to accelerate the commercialization of its chip-to-chip optical connectivity technology. Neutral: This is a long-term R&D milestone for an emerging technology with no immediate, direct impact on the supply, demand, or pricing of current electronic components.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

Silicon Photonics InterconnectsOptical I/O
Ayar Labs
fundingR&Demerging-tech

Source and time

Source: Semiconductor Today · 12/12/2024 · View original source

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