Startup profile · funding coverage
iPronics funding, valuation and investors
Programmable silicon-photonics optical circuit switches for AI data-center networks.
Keep track of iPronics
Save this profile to your VCT watchlist for a quick return.
Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$125M · September 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$125M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series b · Valencia, Spain
Investors in latest funding
Lead: Maverick Silicon , Light Street Capital
Other: NVIDIA , Triatomic Capital , Bosch Ventures , Catalight Capital , European Innovation Council Fund
Overview
iPronics is a Valencia, Spain spin-out from Universitat Politècnica de València (founded 2019) building programmable optical circuit switches for AI clusters. Its ONE platform uses silicon photonics to create reconfigurable optical paths between accelerators. In September 2026 the company raised $125 million Series B co-led by Maverick Silicon and Light Street Capital with NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund participating, bringing total funding to $177 million.
Why iPronics is interesting
September 2026 $125M Series B co-led by Maverick Silicon and Light Street Capital with NVIDIA participating — commercializing optical interconnects as GPU clusters hit networking limits.
Product & use cases
ONE Series optical circuit switches using programmable silicon photonics for AI scale-up/scale-out networking.
- Hyperscale AI cluster interconnect
- Dynamic optical topology for training/inference traffic
- Lower-power alternatives to dense electronic packet fabrics
Key facts
- $125M Series B; $177M total funding (Sep 2026)
- Co-led by Maverick Silicon and Light Street Capital; NVIDIA participating
- Fabrinet manufacturing line announced March 2026; first 10 hyperscaler/OEM engagements
Funding history (newest first)
Series B
2026-09 $125M- Maverick Silicon (lead)
- Light Street Capital (lead)
- NVIDIA (participant)
- Triatomic Capital (participant)
- Bosch Ventures (participant)
- Catalight Capital (participant)
- European Innovation Council Fund (participant)
Source: https://www.unite.ai/ipronics-raises-125m-series-b-to-scale-optical-networking-for-ai-data-centers/
Series A
2025-01 €20MSource: https://www.unite.ai/ipronics-raises-125m-series-b-to-scale-optical-networking-for-ai-data-centers/
Industries
Related funding articles
Venture Capital Tracker pieces that cover iPronics's financing or category context.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.