What is AvicenaTech?
Founded in 2019 by veterans of the optical networking industry, AvicenaTech specializes in the development of ultra-low power, high-bandwidth interconnects. The company's core technology utilizes microLEDs to overcome the traditional bottlenecks associated with electrical copper interconnects, enabling faster and more efficient data transfer between processors and memory. With a dual-site presence in Sunnyvale, California, and Edinburgh, Scotland, AvicenaTech is uniquely positioned to bridge the gap between advanced optical research and commercial-scale semiconductor manufacturing. Their market position is defined by a commitment to enhancing the efficiency of global computing infrastructure, directly addressing the thermal and power limitations that currently hinder the performance of large-scale data centers and edge computing devices.
How much funding has AvicenaTech raised?
AvicenaTech has raised a total of $90M across 2 funding rounds:
Series A
$25M
Series B
$65M
Series A (2022): $25M, investors not publicly disclosed
Series B (2025): $65M led by Prosperity7 Ventures, Hitachi Ventures, and Tiger Global
Key Investors in AvicenaTech
Prosperity7 Ventures
Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, focusing on breakthrough technologies and transformational business models that drive global impact.
Hitachi Ventures
Hitachi Ventures is a corporate venture firm that partners with founders to drive innovations across digital, industrial, environmental, and healthcare sectors.
Tiger Global
Tiger Global is an independent contract manufacturing and sourcing group based in the United Kingdom, providing strategic support to industrial enterprises.
What's next for AvicenaTech?
With the recent capital infusion, AvicenaTech is expected to prioritize the commercialization of its interconnect technology, focusing on strategic partnerships with major semiconductor manufacturers and cloud service providers. The company's roadmap likely includes scaling production capabilities to meet the rigorous demands of the autonomous vehicle and aerospace sectors, where reliability and power efficiency are paramount. Furthermore, the firm will likely continue to invest in its R&D pipeline to maintain its competitive edge in optical communication, potentially exploring new applications for its microLED architecture in emerging AI-driven hardware. As the industry shifts toward more sustainable computing practices, AvicenaTech's focus on reducing the energy footprint of data movement positions it as a key player in the future of high-performance hardware.
See full AvicenaTech company page