iPronics Raises €107.6 Million Led by NVIDIA and Maverick Silicon
Valencia-based startup iPronics secured Series B funding of €107.6 million ($125 million) to accelerate optical networking for AI data centers, with NVIDIA joining existing investors.
iPronics, a Spanish firm specializing in silicon photonics for AI infrastructure, closed a Series B round raising €107.57 million ($125 million). The investment brings the company's total raised capital to €152.3 million ($177 million). Maverick Silicon and Light Street Capital co-led the round. NVIDIA participated alongside Triatomic Capital, Bosch Ventures, Catalight Capital, the European Innovation Council Fund, Fine Structure Ventures, Amadeus Capital Partners, Build Collective, and Criteria Venture Tech. Christian Dupont, CEO of iPronics, stated that backing from these partners accelerates commercialization to meet customer demand. Founded in 2019 as a spin-off from Universitat Politècnica de València, the company developed rack-ready optical circuit switching platforms. The funding supports scaling operations to enable data centers to utilize GPUs without performance loss.
