Celestial AI Announces Appointment of Semiconductor Industry Icon Lip-Bu Tan to Board of Directors
Tan previously served as a director of Intel Corporation, Softbank Group and Hewlett Packard Enterprises. He was also the former CEO and Executive Chairman of Cadence Design Systems from 2009 - 2023.
Swave Photonics Raises €27M ($28.27M) Series A Funding for Introduction of Dynamic 3D Holographic Display Products
The funding round was co-led by investors imec.xpand and SFPIM Relaunch, with participation from new investors EIC Fund, IAG Capital Partners, and Murata Electronics North America, Inc., as well as existing investors Qbic Fund, PMV, imec, and Luminate.
Fluid Biomed Inc. Raises $27 Million USD in Oversubscribed Series A Financing to Advance World’s First Bioabsorbable Polymer-Based Stent To Treat Brain Aneurysms
The round is co-led by Amplitude Ventures and an undisclosed major strategic partner. New participants in the investment syndicate include IAG Capital Partners and LifeArc Ventures, as well as returning investors, ShangBay Capital and METIS Innovative.
Ayar Labs, with Investments from AMD, Intel Capital, and NVIDIA, Secures $155 million to Address Urgent Need for Scalable, Cost-Effective AI Infrastructure
Other new strategic and financial investors participating in the round include 3M Ventures and Autopilot. They join existing investors such as Applied Ventures LLC, Axial Partners, Boardman Bay Capital Management, GlobalFoundries, IAG Capital Partners, Lockheed Martin Ventures, Playground Global, and VentureTech Alliance.
Lightsynq Comes Out of Stealth with $18M in Series A Funding to Scale Quantum Computing
The round was led by Cerberus Ventures, the venture investing platform of Cerberus Capital Management, L.P. (Cerberus), with participation from Murata Electronics North America Inc., IAG Capital Partners, Safar Partners, QVT, Element Six and In-Q-Tel (IQT).
Enfabrica Raises $115M in New Funding to Advance its Leadership in AI Networking Solutions
Supporting capital for the round was provided by existing investors including Atreides Management, Alumni Ventures, IAG Capital, Liberty Global Ventures, Sutter Hill Ventures, and Valor Equity Partners.
Xscape Photonics Raises $44 Million Series A to Reimagine the AI Data Center
Funding led by IAG Capital Partners with investment from Cisco Investments, NVIDIA and others to accelerate the development of Xscape Photonics’ fully programmable, multi-color photonics technology to solve energy, performance and scalability challenges in AI data centers
Miris emerges from stealth with $26M in funding for spatial streaming
Miris’s technology solves a spatial computing problem by allowing for real-time streaming of spatial content without downloads.
Celestial AI Closes $175 Million Series C Funding Round Led by U.S. Innovative Technology Fund
The round included participation from new and existing investors including AMD Ventures, Koch Disruptive Technologies (KDT), Temasek, Temasek’s wholly owned subsidiary Xora Innovation, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings (SGH), Porsche Automobil Holding SE, Engine Ventures, M-Ventures and Tyche Partners.
NLX Raises $12M in Series A Funding
NLX's largest deployment is rolled out in 90 countries and over 65 languages and locales.