Lumilens Raises Over $700M Series C to Scale AI Infrastructure Connectivity Platform

Lumilens Secures Over $700 Million in Series C Funding

San Jose-based Lumilens has raised over $700 million in Series C funding, reaching a $5.51 billion valuation, as demand for next-generation AI infrastructure continues to accelerate.

The round was co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, and Spark Capital, with participation from Addition, Aiconic, Alkeon, Atreides Capital, EDBI, HarbourVest, J.P. Morgan Private Capital, Lingotto, Mayfield, MVP Ventures, Peak XV, Qualcomm Ventures, Redpoint Ventures, Seifdune, and Thomvest Ventures.

The latest financing brings Lumilens' total funding to more than $900 million.

Powering Next-Generation AI Networks

Led by Ankur Singla (CEO) and Ted Schmidt (CTO), Lumilens develops an optical connectivity platform built for the growing performance, bandwidth, and power demands of AI infrastructure.

Its flagship platform, LumiCore, combines:

• Silicon photonics

• Mixed-signal integrated circuits (ICs)

• Electrical-optical interposers

• Advanced optical systems

The platform enables:

• Near-Package Optics (NPO)

• Co-Packaged Optics (CPO)

• Pluggable optical transceivers

These technologies help hyperscale AI data centers build faster, more efficient scale-up and scale-out networking infrastructure.

Funding to Expand AI Hardware Development

The newly raised capital will be used to:

• Expand silicon development

• Scale systems engineering

• Accelerate software development

• Grow process engineering capabilities

• Increase high-volume manufacturing capacity

The investment will support Lumilens as AI infrastructure providers continue to deploy larger GPU clusters requiring ultra-high-speed optical interconnects.

Leadership

Lumilens is led by Ankur Singla, CEO, and Ted Schmidt, CTO.

The company is headquartered in San Jose, California, USA.