MIG Capital leads a €16 million seed financing round for the French deep-tech startup NcodiN, which is developing innovative photonic interposer technology aimed at revolutionizing AI and HPC systems.

Target Information

NcodiN, a deep-tech startup based in Paris, France, specializes in the development of NConnect, a next-generation photonic interposer designed to overcome fundamental performance and energy bottlenecks in artificial intelligence (AI) and high-performance computing (HPC) systems. This innovative optical interposer technology integrates nanolasers that enable extremely high memory bandwidth, thus laying the groundwork for the AI factories of the future.

The financing will empower NcodiN to establish a presence in Silicon Valley, expand its research and development capabilities, and grow its team further.

Industry Overview

The demand for advanced computing technologies is surging, particularly in regions leading the AI revolution. France is witnessing significant investments in deep-tech and semiconductor industries as companies