Ayar Labs Raises $130 Million In Series C Funding, Accelerating Commercialization Of Industry’s First In-Package Optical I/O Products
Amount Raised
$130 Million
Round Type
Series C
San JoseHardwareArtificial IntelligenceDescription
Ayar Labs, the leader in chip-to-chip optical connectivity, today announced that the company has secured $130 million in additional financing led by Boardman Bay Capital Management to drive the commercialization of its breakthrough optical I/O solution. Hewlett Packard Enterprise (HPE) and NVIDIA entered this investment round, joining existing strategic investors Applied Ventures LLC, GlobalFoundries, Intel Capital, and Lockheed Martin Ventures. Other new strategic and financial investors participating in the round include Agave SPV, Atreides Capital, Berkeley Frontier Fund, IAG Capital Partners, Infinitum Capital, Nautilus Venture Partners, and Tyche Partners. They join existing investors such as BlueSky Capital, Founders Fund, Playground Global, and TechU Venture Partners.
Quick answer
Ayar Labs raised $130 Million in a Series C round, dated April 26, 2022. Ayar Labs is based in San Jose, California, United States.
- How much did Ayar Labs raise?
- Ayar Labs raised $130 Million in a Series C round on April 26, 2022.
- What does Ayar Labs do?
- Ayar Labs is the leader in optical interconnect solutions that move data at the speed of AI.
- Where is Ayar Labs based and how big is it?
- Ayar Labs is based in San Jose, California, United States. Fundz records about 175 employees.
- Who are the decision-makers at Ayar Labs?
- Fundz holds 1 contact at Ayar Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Artificial Intelligence around the same time
Companies in the same sectors as Ayar Labs that raised within 45 days of this round, from Fundz verified event records.
- Salience Labs raised $12M (Seed) on May 12, 2022.
- Sequentify raised $7M (Funding Round) on May 10, 2022.
- Fathom raised an undisclosed amount on April 25, 2022.
- d-Matrix raised $44M (Funding Round) on April 20, 2022.
- Altoida raised an undisclosed amount (Series A) on March 30, 2022.
- Pillir raised $1M (Seed) on March 28, 2022.
Who to call at Ayar Labs, and when
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