Downing Ventures co-leads USD35m Series B investment in Ayar Labs
Downing Ventures has completed a USD35 million Series B funding round in Ayar Labs as co-lead investor.
Ayar Labs is a Deep Tech organisation that is solving semiconductor interconnect (I/O), bandwidth and power bottlenecks by moving data using light, with its TeraPHY monolithic in-package electronic/photonic chiplet-based solution. The result is a vast improvement in bandwidth, bandwidth density, latency and power consumption across a wider distance.
