What is AvicenaTech?
AvicenaTech is a privately held company specializing in the development of microLED-based ultra-low power, high-bandwidth interconnects designed for chip-to-chip communication. Their innovative technology is poised to enhance High-Performance and Cloud computing infrastructure, while also finding vital applications in camera sensors, autonomous vehicles, and aerospace sectors where efficient, low-power interconnects are paramount. Founded in 2019 by seasoned experts from the optical networking industry, AvicenaTech operates with a development center in Edinburgh, Scotland, and is headquartered in Sunnyvale, California. The company's mission is to drive global communication and computing efficiency, contributing to a more sustainable future.
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, the diversified growth fund of Aramco Ventures, invests globally with a long-term view in breakthrough technologies and transformational business models aimed at creating widespread prosperity and positive impact.
Hitachi Ventures
Hitachi Ventures GmbH is a corporate venture firm focused on driving innovations in Digital, Industrial, Environment, and Healthcare, leveraging Hitachi's global power to support visionary entrepreneurs in building intelligent infrastructure and sustainable solutions.
Tiger Global
Tiger Global is an independent contract manufacturing and sourcing group headquartered in the United Kingdom, established in 2003.
What's next for AvicenaTech?
The recent major strategic investment signifies a pivotal moment for AvicenaTech, likely enabling the company to accelerate its product development, scale manufacturing capabilities, and expand its market reach. This infusion of capital, particularly in the context of enterprise-level funding, suggests AvicenaTech is moving towards broader commercialization and deployment of its advanced interconnect solutions. The company is well-positioned to address the growing demand for more efficient and powerful computing and communication technologies.
See full AvicenaTech company page