Funding news · Sep 2, 2026
iPronics Raises $125M Series B for Software-Defined Photonics
iPronics Secures $125M in Series B Funding
iPronics, a pioneer in software-defined photonics, has raised $125 million in a Series B round, as announced on September 2, 2026. The round was led by Maverick Silicon, with participation from a consortium of investors including Triatomic Capital, Criteria Venture Tech, Amadeus Capital Partners, NVIDIA, Fine Structure Ventures, Tony Fadell’s Build Collective, Bosch Ventures, Light Street Capital, European Innovation Council (EIC) Fund, Catalight Capital, and The Tate Family Trust.
About iPronics
Founded in 2019 as a spinoff of Universitat Politècnica de València, iPronics has pioneered the field of programmable photonics. The company has developed the first general-purpose photonic processor capable of programming high-speed light signals on-chip with unprecedented flexibility. Their technology enables the first optical circuit switch that offers low latency, low cost, and low power, accelerating the optical transformation of AI cluster communications and future-proofing data center infrastructure.
Funding Purpose
The new capital will support iPronics in scaling its operations and advancing its mission to transform data center communications through software-defined photonics. The company aims to address the growing demands of AI workloads and high-performance computing, where efficient and scalable optical interconnects are critical.
Investor Confidence
The participation of strategic investors like NVIDIA and Bosch Ventures underscores the potential of iPronics' technology in next-generation computing and networking. The European Innovation Council (EIC) Fund's involvement highlights the company's significance in the European deep-tech ecosystem.
About the Technology
Software-defined photonics allows for the dynamic programming of optical circuits, enabling flexible and reconfigurable data transmission. This innovation is poised to play a pivotal role in the evolution of data centers, offering a path to lower power consumption and reduced latency compared to traditional electronic switches.
With this substantial funding, iPronics is well-positioned to lead the charge in optical circuit switching technology, meeting the demands of AI-driven data centers and beyond.