iPronics invests in NVIDIA
Funding Provisional 86% confidence first seen
iPronics, a Valencia-based photonics startup, announced a $125 million Series B round co-led by Maverick Silicon and Light Street Capital, with Nvidia participating. The coverage says the funding will be used to shrink iPronics’ optical circuit switch hardware (ONE-32) by roughly 20x to pack more switches into racks for scaling optical AI cluster interconnects, while continuing commercialization and operations. The investment matters because optical switching is positioned as a way to improve network resilience and efficiency for large-scale AI data centers.
The deal
iPronics $125 million Series B · announced 2 Sep 2026
Investors NVIDIA Maverick Silicon Light Street Capital
Deal terms as reported in the coverage below.