NcodiN secures €16M seed investment led by MIG Capital

French deeptech startup NcodiN has secured a €16 million seed investment, led by MIG Capital AG, to advance its laser-on-silicon technology. This funding injection marks a significant step in the development of next-generation photonic interposers designed to overcome the speed and energy constraints of existing semiconductor hardware. NcodiN's innovations aim to enhance the performance of AI data centers and other high-performance computing applications. NcodiN, founded in 2023, is developing NConnect, a technology employing ultra-small lasers for high-density integration on silicon. The company’s nanolasers have demonstrated energy efficiency below 0.1 pJ/bit, alongside integrated nanodetectors and complete optical links on silicon. This technology aims to provide highly energy-efficient interconnects for networking across numerous chiplets, which is crucial for achieving high memory bandwidth in AI data centers. The implications of NcodiN's advancements are significant, potentially impacting the design and capabilities of future AI data centers. By enabling wafer-scale superchips, NcodiN's technology addresses a critical bottleneck in the industry, boosting data processing efficiency. The investment will enable NcodiN to expand its team, strengthen its supply chain, and begin product qualification with strategic partners. NcodiN plans to expand its R&D capabilities and establish a presence in Silicon Valley, indicating its ambition to compete on a global scale. The company's focus on innovative interconnect technology positions it at the forefront of efforts to meet the escalating demands of AI and high-performance computing.
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