# Avicenatech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avicenatech

- Industry: Semiconductors
- Headquarters: Sunnyvale, US
- Website: www.avicena.tech/
- Total disclosed funding: $90M
- Latest round: Series B (May 14, 2025)
- Investors on record: 11

## 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. 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. In May 2025, Avicenatech, Corp. raised USD 65 million in series A funding led by Tiger Global Management, with participation from Aramco Ventures, Lam Research Corporation, Maverick Capital, SK Hynix, VentureTech Alliance, Cerberus Capital Management, and Hitachi Ventures. The company plans to utilize the May 2025 funding to team expansion and product manufacturing.

## Funding rounds

- Series B, May 14, 2025, $65M — Cerberus Capital Management, Tiger Global Management, VentureTech Alliance, Maverick Capital, SK Hynix, Aramco Ventures, Lam Research Corporation, Hitachi Ventures
- Series A, Aug 2, 2022, $25M — Cerberus Capital Management, Micron Ventures, Clear Ventures, Samsung Strategy & Innovation Center
- Seed, Jun 1, 2019 — Clear Ventures

## Investors

- Clear Ventures (https://capitalatlas.ai/funds/clear-ventures) — Seed, Series A
- Cerberus Capital Management (https://capitalatlas.ai/funds/cerberus-capital-management) — Series A, Series B
- Micron Ventures (https://capitalatlas.ai/funds/micron-ventures) — Series A
- Samsung Strategy & Innovation Center (https://capitalatlas.ai/funds/samsung-strategy-innovation-center) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- VentureTech Alliance (https://capitalatlas.ai/funds/venturetech-alliance) — Series B
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Series B
- SK Hynix — Series B
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series B
- Lam Research Corporation — Series B
- Hitachi Ventures (https://capitalatlas.ai/funds/hitachi-ventures) — Series B