iPronics Secures €20m in Series A for AI Communication Systems
Deal News | Jan 28, 2025 | Amadeus Capital Partners Limited
iPronics, a cutting-edge deep tech startup specializing in software-defined photonic engines, has successfully secured €20m in a Series A funding round. The crucial investment aims to propel the deployment of iPronics Optical Networking Engine (ONE) into AI data centers, enhancing their capabilities with high-speed, scalable, and energy-efficient communication. The funding round was spearheaded by Triatomic Capital, with notable participation from Fine Structure Ventures. Amadeus Capital Partners Limited is affiliated with the round, thereby marking a significant stride for iPronics in promoting advanced AI data infrastructure.
Sectors
- Deep Tech
- Artificial Intelligence
- Optical Networking
Geography
- Europe – iPronics is conducting a €20m Series A funding in the European market, indicating a significant transaction within this geographic area.
Industry
- Deep Tech – iPronics operates in the deep tech sector, focusing on advanced technologies like software-defined photonic engines that drive innovation in AI data center communication.
- Artificial Intelligence – The funding is geared towards deploying technologies that support AI data centers, emphasizing iPronics' role in enhancing AI infrastructure.
- Optical Networking – The article focuses on iPronics' Optical Networking Engine, a technology for energy-efficient data communication, aligning with the optical networking industry.
Financials
- €20m – The amount raised by iPronics in their Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| iPronics | Target Company | Company | A deep tech startup focused on software-defined photonic engines for AI data centers. |
| Amadeus Capital Partners Limited | PE Firm | Company | Private equity firm involved in iPronics' Series A funding round. |
| Triatomic Capital | Lead Investor | Company | Led the Series A funding round for iPronics. |
| Fine Structure Ventures | Investor | Company | Participated in the Series A funding round for iPronics. |