California-Based Lumilens Scores Over $700M in Series C Funding
Aug 7, 2026 | By Devin Jacobs
SUMMARY
- Lumilens raised over $700 million in Series C funding.
- Lumilens develops optical connectivity solutions for AI data centers.
- The funding will expand its technology and manufacturing capabilities.
Lumilens, a San Jose, CA-based provider of a connectivity platform for AI infrastructure, has raised over $700 million in a Series C funding round co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, and Spark Capital, valuing the company at $5.51 billion.
The round also saw 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 raise brought the total amount to over $900 million.
The company plans to use the capital to expand its capabilities in silicon, systems, software, process engineering, and high-volume manufacturing.
Funding Snapshot
| Metric | Details |
|---|---|
| Fundraise Amount | $700+ million |
| Total Funding | $900+ million |
| Valuation | $5.51 billion |
| Company | Lumilens |
| Sector | AI Infrastructure / Semiconductors / Photonics |
| Headquarters | San Jose, California, US |
| Funding Stage | Series C |
| Lead Investors | Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, Spark Capital |
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Devin Jacobs
Mar 8, 2024
About Lumilens
Founded in 2024 by Ankur Singla, Ritesh Kapahi, David Friedman, Samuel Liu, Lumilens is building optical connectivity solutions for AI infrastructure, focusing on the growing bandwidth and power requirements of large-scale AI workloads.
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The company designs, develops and manufactures optical interconnect products for both scale-up and scale-out networks inside AI data centers.
Core offerings include:
- Near-package optics (NPO)
- Co-packaged optics (CPO)
- Pluggable optical transceivers
- Scale-up optical interconnects
- Scale-out optical interconnects
Core Technologies / Products / Services
| Capability/Product | Application/Use Case |
|---|---|
| Near-Package Optics (NPO) | Enables high-bandwidth connectivity close to computing components |
| Co-Packaged Optics (CPO) | Integrates optical connectivity with computing and switching systems |
| Optical Transceivers | Connects AI infrastructure across networks |
| Scale-Up Interconnects | Connects GPUs within tightly coupled compute systems |
| Scale-Out Interconnects | Connects different racks and AI clusters |
Leadership Comments
"The constraint on AI has shifted from how many GPUs you can buy to how many you can connect," said Ankur Singla, founder and CEO of Lumilens. "Whether they're training frontier models or serving them to hundreds of millions of users, hyperscalers told us they need the same two things: far more optical capacity for the networks they run today.
"Connecting GPUs is the bottleneck now, and copper has hit a wall the industry can't engineer around," said Navin Chaddha, Managing Partner at Mayfield. "That's why we partnered with Ankur Singla for the third time to help build Lumilens from inception, led their seed round, and have participated in every round since.
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