Observed Signal · Nov 18, 2025 · Funding · Source: Trending Topics · Impact: 3/5 · Sentiment: Positive
Spanish startup iPronics raises $125M for optical switches
iPronics, a Spanish startup spun out of the Technical University of Valencia, has raised $125 million in a Series B round to scale its optical circuit switch technology for AI data centers. The round was led by Maverick Silicon and Light Street Capital, with participation from Nvidia and other investors. The company's product, iPronics ONE, is an optical circuit switch that routes data paths in data centers purely optically, reducing power consumption and improving reliability. iPronics claims its technology can reduce switching power by up to 50% and enables real-time reconfiguration of network topology. The funding will be used to shrink the hardware by a factor of 20 and expand commercial operations. The company has raised $177 million to date and has opened an office in Santa Clara.
Major funding round for AI optical networking technology, with strategic investment from Nvidia, highlighting the scaling challenges of AI infrastructure.
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Key Takeaways & Evidence Grounding
- iPronics raised $125 million in a Series B funding round led by Maverick Silicon and Light Street Capital.
- Nvidia participated as a strategic investor in iPronics' Series B.
- iPronics ONE is an optical circuit switch for AI data centers with latency under 30 nanoseconds.
- The company has raised a total of $177 million to date.
- iPronics will use the funds to shrink its hardware by 20x and expand commercial operations.
Connected Companies & Entities
4 Entities mapped“Nvidia participated in iPronics' Series B round....”
“iPronics has partnered with contract manufacturer Fabrinet for packaging and assembly....”
“Google is known to use similar optical circuit switches in its TPU clusters....”
“Amadeus Capital Partners participated....”
Ontology Mapping & Concepts
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