Observed Signal · Nov 14, 2025 · Funding · Source: Trending Topics · Impact: 3/5 · Sentiment: Positive
iPronics Raises $125M Series B for Optical AI Networking
Spanish optical networking startup iPronics raised $125 million in a Series B round led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Bosch Ventures, Catalight Capital, and the European Innovation Council fund. The company, a 2019 spin-off of València's Technical University, has now raised $177 million total. iPronics develops optical circuit switches (OCS) for AI data centers, a technology proven by Google in its TPU clusters. Its ONE-32 switch offers sub-30-nanosecond latency and reconfiguration under 300 microseconds, cutting switching power consumption by up to 50 percent. The funding will shrink the hardware roughly 20-fold, expand commercial operations, and support its new Silicon Valley office in Santa Clara. NVIDIA's participation underscores rising industry demand for optical interconnect as AI clusters hit power and bandwidth limits.
Major $125M Series B for European photonic interconnect technology used to scale AI data center networks; NVIDIA's strategic participation signals growing industry demand for optical switching as AI clusters hit power and bandwidth limits.
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Key Takeaways & Evidence Grounding
- iPronics raised $125 million in a Series B led by Maverick Silicon and Light Street Capital, with NVIDIA participating.
- The round brings iPronics' total funding to $177 million.
- The ONE-32 optical circuit switch offers under 30-nanosecond latency and sub-300-microsecond reconfiguration time.
- iPronics was founded in 2019 as a spin-off of the Technical University of Valencia.
- The company opened a Silicon Valley office in Santa Clara and established a packaging line with contract manufacturer Fabrinet.
Connected Companies & Entities
3 Entities mapped“The Spanish startup iPronics from Valencia has announced a Series B of $125 million, in which Nvidia is also participating....”
“It has set up its own packaging and assembly line for the next OCS generation with contract manufacturer Fabrinet....”
“The technology became known through Google, which uses such switches in its TPU clusters....”
Ontology Mapping & Concepts
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