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Paris-based NcodiN Secures €3.5M from Top European Investors to Revolutionize AI Processors with Optical Interposer Technology

NcodiN, a leader in optical interposer technology, has secured €3.5 million from European deep tech investors Elaia, Earlybird and OVNI Capital. The funding will accelerate the development of NcodiN’s integrated optical link prototype and support its expansion to meet industrial clients’ needs.

With its unique technology featuring on-chip integration of nanolasers and nanodetectors, NcodiN aims to revolutionize semiconductor design, enabling high-speed, energy-efficient data transmission. Distinguished advisors, including former HP CEO Léo Apotheker and ex-ASML CEO Éric Meurice, bolster the company’s ambitious vision and strategy.

Word from those involved in the funding round:

“This investment is a testament to the groundbreaking work we are doing at NcodiN. Our unique technology and innovative approach, combined with the support of eminent advisors and strategic Deeptech investors, position us for success in the AI and Semiconductor world.”

 — Francesco Manegatti, Co-founder and CEO at NcodiN

“Francesco, Bruno, Fabrice and the NcodiN team have identified a unique opportunity in transforming the semiconductor industry with a new approach to photonic links. Leveraging 15 years of R&D and patented innovation, they are developing a groundbreaking optical datalink for the future of AI & HPC chips. We are proud to back them since the early days!”

 — Clément Vanden Driessche, Investment Director at Elaia

“We’re delighted to become part of the journey with the NcodiN team around Francesco, Bruno, and Fabrice. We’re convinced by their excellent research and excited about the commercial prospective it generates. Promising times ahead!”

 — Dr. Frédéric du Bois-Reymond, Partner at Earlybird-X

Featured image: Credit: NcodiN

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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