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Ayar Labs adds $25m in expansion of $130m Series C funding round

What happened

Silicon photonics firm Ayar Labs raised an additional $25M, bringing its Series C total to $155M, led by Capital TEN with participation from NVIDIA and previous investors. The funding supports the development of chip-to-chip optical connectivity technology, which aims to address future data center bandwidth bottlenecks. Neutral: This is a long-term R&D milestone with no immediate impact on component supply, demand, or pricing for traders.

Impact and signal

Low impactImpact score: 12/100

Affected components and suppliers

Silicon Photonics Interconnect
GlobalFoundriesIntel Corporation
fundingR&Doptical I/O

Source and time

Source: Semiconductor Today · 5/24/2023 · View original source

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