Ayar Labs Secures $155 Million Series D Funding, Aims to Revolutionize AI Infrastructure

Deal News | Dec 11, 2024 | Advent International

Ayar Labs Secures $155 Million Series D Funding, Aims to Revolutionize AI Infrastructure

Ayar Labs, a leader in optical interconnect solutions for AI infrastructure, has secured $155 million in Series D funding led by Advent Global Opportunities and Light Street Capital Partners. This latest round brings Ayar Labs’ total funding to $370 million, raising its valuation to over $1 billion. The funding round saw participation from key industry players, including AMD Ventures, Intel Capital and NVIDIA, marking a strategic advancement for Ayar Labs as it prepares its optical solutions for high-volume manufacturing. Ayar Labs develops in-package optical I/O solutions that replace traditional copper interconnects, resolving bottlenecks in AI data movement, improving efficiency, and reducing costs and power consumption. The company's technology is supported by a strong ecosystem and collaborations with Tier 1 customers. The financing aims to support Ayar Labs in meeting growing demand for its revolutionary AI infrastructure solutions.

Sectors

  • Semiconductors
  • Artificial Intelligence

Geography

  • United States – Ayar Labs is headquartered in San Jose, California, and is central to technology investments in the US.

Industry

  • Semiconductors – Ayar Labs develops optical interconnect solutions that are crucial in semiconductor manufacturing for AI systems.
  • Artificial Intelligence – The optical I/O technology developed by Ayar Labs improves AI infrastructure by enhancing data movement and compute efficiency.

Financials

  • $155 million – Amount raised in Ayar Labs' Series D funding round.
  • $370 million – Total funding raised by Ayar Labs to date.
  • $1 billion – Valuation of Ayar Labs after the closure of Series D funding.

Participants

NameRoleTypeDescription
Ayar LabsTarget CompanyCompanyA leader in developing optical interconnect solutions for AI infrastructure.
Advent International (Advent Global Opportunities)Lead InvestorCompanyPrivate equity firm leading the Series D funding round for Ayar Labs.
Light Street CapitalLead InvestorCompanyVenture capital firm co-leading the Series D funding for Ayar Labs.
AMD VenturesInvestorCompanyStrategic investor in Ayar Labs' Series D funding, contributing from the perspective of a leading GPU provider.
Intel CapitalInvestorCompanyVenture arm of Intel, investing in Ayar Labs to advance its AI infrastructure solutions.
NVIDIAInvestorCompanyInvestor involved in Ayar Labs' funding round, offering strategic partnership as a leading GPU provider.
3M VenturesInvestorCompanyParticipated in Ayar Labs' Series D, reinforcing commitment to next-gen AI infrastructure solutions.
AutopilotInvestorCompanyStrategic investor in Ayar Labs’ Series D funding.