Canadian optical interconnect startup Hyperlume has closed a $12.5 million seed funding round.
The oversubscribed round was led by the Business Development Bank of Canada's Deep Tech Venture Fund and ArcTern Ventures, with participation from MUUS Climate Partners, SOSV, and Intel Capital.
In a statement, the company said the funds would be used to further the development of its optical interconnects for AI data centers and high-performance computing systems. The financing will also allow Hyperlume to expand its product, engineering, and R&D teams, and prepare for the production of its offering to meet 800Gbps and 1.6Tbps standards.
Founded in 2022 by Mohsen Asad and Hossein Fariborzi, Ottawa-based Hyperlume uses ultra-fast microLEDs and ultra-low power circuitry in its interconnects to provide performance gains over traditional copper offerings. The company says that as AI models continue to scale, providing high-performance interconnect technology is vital to overcoming bottlenecks that hinder compute performance.
"This funding represents a significant step in Hyperlume's journey as we continue to push the boundaries of optical communication and deliver transformative solutions for the AI and semiconductor industries," said Asad, co-founder and CEO of Hyperlume. "We are grateful for the trust and support of our investors who share our vision of a more efficient and sustainable future for computing."
