It is great to see our portfolio company, Ayar Labs, achieving another significant milestone. Their work in optical I/O technology is advancing the future of data centers and AI infrastructure.
🚀 Exciting News from Foresight's Ventures team 🚀 We are thrilled to announce that our portfolio company, Ayar Labs, has successfully completed a $155 million funding round, valuing the business at over $1 billion! Ayar Labs, a leader in optical interconnect solutions, is revolutionising AI infrastructure efficiency. Richard Lewis, Managing Director of Foresight's Ventures team, comments: “Foresight would like to congratulate Mark Wade and the team for their exceptional work in closing this funding round, and we look forward to supporting the company in the coming years.” Congratulations to the Ayar Labs team on this incredible achievement! Read more here: https://lnkd.in/e8dUHfSg #Ventures #AI #Investing