on MIG CAPITAL AG
MIG Capital Leads €16 Million Investment in NcodiN
MIG Capital AG has announced a €16 million seed investment in French AI hardware startup NcodiN via its MIG Fonds. NcodiN is pioneering photonic interconnects through its NConnect technology, which aims to address AI and HPC systems' performance and energy challenges. Partners in this funding round include Maverick Silicon, PhotonVentures, Verve Ventures, and longstanding supporters Elaia, Earlybird, and OVNI.
With this funding, NcodiN plans to establish a Silicon Valley presence, expand its R&D capacity, and grow its team. The company's advanced optical interposer technology features record-breaking energy efficiency and integrates seamlessly with silicon, providing a foundation for next-gen AI hardware. Strategic advisors like Eli Yablonovitch and Peter De Dobbelaere bolster NcodiN's technological advancements.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all MIG CAPITAL AG news