Hyperlume raises $12.5 million in seed funding to advance its innovative optical interconnect technology for AI data centers and high-performance computing systems.
Information on the Target
Hyperlume, Inc. ("Hyperlume" or the "Company") is a pioneering technology firm founded in 2022 by Mohsen Asad and Hossein Fariborzi. The Company specializes in developing innovative interconnect solutions designed to address connectivity challenges in artificial intelligence (AI) data centers and high-performance computing systems. Recently, Hyperlume successfully raised $12.5 million in a seed funding round to commercialize its advanced high bandwidth, low latency interconnect technologies that significantly improve performance and energy efficiency compared to traditional copper alternatives.
The funding round was oversubscribed and prominently led by BDC’s Deep Tech Venture Fund and ArcTern Ventures, with contributions from MUUS Climate Partners, SOSV, Intel Capital, and a strategic investment from LG Technology Ventures. Hyperlume aims to leverage these resources to enhance its product offerings and accelerate development within the optical interconnect domain.
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Industry Overview in Canada
As the demand for AI solutions continues to grow exponentially, the landscape of data computing and interconnect technology is becoming increasingly critical. In Canada, the technology sector has been a significant driver of economic growth
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BDC’s Deep Tech Venture Fund, ArcTern Ventures, MUUS Climate Partners, SOSV, Intel Capital, LG Technology Ventures
invested in
Hyperlume, Inc.
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $13M