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Avicena

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Year established

2019

Location

Mountain View CA US

Primary Industry

Semiconductors

About

Founded in 2019 and based in California, US, Avicenatech, Corp. a.k.a Avicena operates as a semiconductor manufacturing company that develops chip-to-chip interconnects with high bandwidth. In 2019, Avicenatech Corp. raised venture funding from new investor Clear Ventures. In August 2022, Avicenatech, Corp. raised USD 25 million in Series A funding from new investors Cerberus Capital Management, Micron Ventures, and Samsung Catalyst Fund, with participation from returning investor Clear Ventures. The Series A funding values Avicenatech, Corp. at USD 84.82 million post-money. Months later, in October 2022, the company acquired a microLED fabrication facility and associated engineering team from Nanosys. Avicena offers ultra-dense, ultra-low energy optical links based on microLEDs, their applications include chip-to-chip interconnects in HPC, AI/ML, and memory disaggregation, as well as next-generation links in sensors, 5G wireless, and aerospace. Avicena’s LightBundle I/O solution eliminates the existing bottlenecks of copper links triggered by power consumption, latency, reach, and bandwidth density thus dramatically improving existing system performance. The company plans to use the 2022 financing to expand the development of its products based on its photonic I/O solution and grow its team.
Current Investors
Clear Ventures, National Science Foundation, Cerberus Capital Management

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Primary Industry
Semiconductors
Sub Industries
Fabless Semiconductors
Website
www.avicena.tech
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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