iPronics Raises $21M Series A

Photonic computing company iPronics has raised €20 million ($20.8 million) in a series A funding round. The funds will help accelerate deployment of the company’s Optical Networking Engine (ONE) in AI data centers, enabling fast, scalable, and high-bandwidth communication for energy-efficient AI.

iPronics’ Optical Networking Engine (ONE) is designed to enable artificial intelligence applications. Courtesy of iPronics.

iPronics’ ONE technology offers an optically switched fabric for AI architectures, enabling at-will topology adaptation and extending programmability to physical layer connections. According to the company it provides 1000× faster reconfiguration compared to other optic based approaches, lossless operation, lower cost-per-port, and higher reliability due to its solid-state chip design.

iPronics CEO Christian Dupont, appointed last year, said that the technology will allow larger GPU domains with fast optical interconnects, greater training compute capacity, and low latency interference.

iPronics, a 2019 spinout of Universitat Politècnica de València (UPV), noted advancements to its programmable photonic processors last year in partnership with UPV. In 2023, the company established a partnership with Vodafone and delivered its first shipments of its programmable photonic integrated microchips.