What is AvicenaTech?
AvicenaTech, a privately held company founded in 2019, specializes in the development of microLED-based ultra-low power, high-bandwidth interconnects crucial for chip-to-chip communication. Headquartered in Sunnyvale, California, with a development center in Edinburgh, Scotland, the company's innovative technology is designed to enhance High-Performance Computing, Cloud computing, autonomous vehicles, and aerospace applications where efficient, low-power interconnects are paramount. The company's expertise stems from seasoned professionals in the optical networking industry, aiming to drive global communication and computing efficiency.
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 Hitachi Ventures, Tiger Global, and Prosperity7 Ventures
Key Investors in AvicenaTech
Hitachi Ventures
Hitachi Ventures GmbH is a corporate venture firm focused on driving innovation across Digital, Industrial, Environment, and Healthcare. With substantial assets under management, they support entrepreneurs in shaping intelligent infrastructure and advancing technology.
Tiger Global
Tiger Global is an independent contract manufacturing and sourcing group headquartered in the United Kingdom, established in 2003.
Prosperity7 Ventures
Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, invests globally in breakthrough technologies and transformational business models with a long-term view, aiming for widespread prosperity and positive impact.
What's next for AvicenaTech?
With the recent infusion of major strategic investment, AvicenaTech is well-positioned to scale its operations and further develop its cutting-edge microLED interconnect technology. This substantial backing, contributing to the company's overall $90M, indicates a strong market validation and investor confidence in AvicenaTech's vision to revolutionize computing and communication efficiency. The company is likely to focus on expanding its market reach in high-demand sectors such as advanced computing and autonomous systems, potentially accelerating product development and manufacturing capabilities.
See full AvicenaTech company page
