What does Avicena do?
Avicena is a Sunnyvale, CA-based company that develops ultra-low power and high-density microLED-based interconnects. Their flagship product, LightBundle, is an optical interconnect architecture designed for AI/ML, HPC, sensors, 5G wireless, and aerospace applications.
How much did they raise?
The Series B round, which contributed to a total of $120M in funding, was led by Tiger Global with participation from investors such as Maverick Silicon, Prosperity7 Ventures, Venture Tech Alliance, SK Hynix, Cerberus Capital Management, Hitachi Ventures, and Lam Research.
What are their plans for the money?
The funds will be used to further scale the team and ramp the production of their first product, potentially enabling system designers to disaggregate compute and memory functions and significantly improve system throughput.
What have they achieved so far?
Avicena has already made progress with the development of LightBundle, demonstrating its capability to deliver flexible, ultra-low energy interconnect solutions that offer high bandwidth density and low latency.
