(PR) Avicena Raises $25 Million in Series A to Fund Development of High Capacity microLED-based Optical Interconnects

See the full post here ➡️ https://www.techpowerup.com/297396/avicena-raises-usd-25-million-in-series-a-to-fund-development-of-high-capacity-microled-based-optical-interconnects

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-AvicenaTech Corp., the leader in microLED-based chip-to-chip interconnects, today announced that the company has secured $25M in Series A funding from Samsung Catalyst Fund, Cerberus Capital Management, Clear Ventures, and Micron Ventures to drive the development of products based on Avicena’s breakthrough photonic I/O solution. "We believe that Avicena technology can be transformational in unlocking compute-to-memory chip-to-chip high-speed interconnects. Such technology can be central to supporting future disaggregated architectures and distributed high-performance computing (HPC) systems," said Marco Chisari, EVP of Samsung Electronics and Head of the Samsung Semiconductor Innovation Center.

"We are excited to participate in this round at Avicena," said Amir Salek, Senior Managing Director at Cerberus Capital Management and former Head of silicon for Google Infrastructure and Cloud. "Avicena has a highly differentiated technology addressing one of the main challenges in modern computer architecture. The technology offered by Avicena meets the needs for scaling future HPC and cloud compute networks and covers applications in conventional datacenter and 5G cellular networking."


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