Funding

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

MetricDetails
Fundraise Amount$700+ million
Total Funding$900+ million
Valuation$5.51 billion
CompanyLumilens
SectorAI Infrastructure / Semiconductors / Photonics
HeadquartersSan Jose, California, US
Funding StageSeries C
Lead InvestorsAtreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, Spark Capital

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/ProductApplication/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 TransceiversConnects AI infrastructure across networks
Scale-Up InterconnectsConnects GPUs within tightly coupled compute systems
Scale-Out InterconnectsConnects 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.

Read More:California-Based Meduloc Scores $4M in Series B Funding

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