The Ottawa-headquartered company closed a seed round to commercialize its power interconnects—the connections between the thousands of chips at the heart of an AI data centre. ArcTern Ventures and BDC’s Deep Tech Venture Fund led the round, with additional investors MUUS Climate Partners, SOSV, Intel Capital, and LG Technology Ventures, according to a release Wednesday. (The Logic)
Skip to content
The Ottawa-headquartered company closed a seed round to commercialize its power interconnects—the connections between the thousands of chips at the heart of an AI data centre. ArcTern Ventures and BDC’s Deep Tech Venture Fund led the round, with additional investors MUUS Climate Partners, SOSV, Intel Capital, and LG Technology Ventures, according to a release Wednesday. (The Logic)
Talking point: The company, co-founded by Mohsen Asad and Hossein Fariborzi in 2022, is developing faster, cheaper and more energy-efficient interconnects. Its technology will address the “connectivity bottlenecks” facing existing interconnects, according to the press release. “As the demand for AI grows, so do its energy requirements, placing a significant burden on traditional copper interconnects,” said Srini Ananth, managing director at Intel Capital.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: Was Chicken Little stirring panic, or just taking precautions?
Briefing
Carney plans to discuss US$135B defence bank with new U.K. prime minister
B.C. nearing federal MOU of its own as talks continue on Alberta’s West Coast pipeline
Quebecor urges CRTC to block Corus restructuring as part of takeover push
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
