HyperLight raises $80m Series C for photonic chips
MediaTek, UMC Capital, Jabil and other investors participated in the financing.
HyperLight raised $80 million in Series C financing on June 18. Participants included MediaTek, UMC Capital, Jabil, Foxconn, EDBI, CDIB-TEN Capital, Qatar Investment Authority, Summit Partners, The Engine, Foothill Ventures and Xora Innovation. The company makes thin-film lithium-niobate photonic chips for AI data-center optical interconnects.