Eliyan Secures $145M in Series C Funding at $1 Billion Valuation
US-based semiconductor startup Eliyan has raised $145 million in a Series C funding round, valuing the company at $1 billion. The investment was led by Seligman Ventures and included new strategic backers such as Lumentum and Cisco Investments. Funds will be used to advance electro-optical interconnect technologies for AI infrastructure. Eliyan plans to expand its development of next-generation connectivity products, strengthen industry partnerships, and scale manufacturing operations. Founded in 2021 and based in Santa Clara, California, the company has previously raised $60 million in Series B (2024) and $40 million in Series A (2022). Its technology addresses performance demands across AI computing, memory, and networking. The firm's solutions include Chip-to-Chip, Die-to-Die, and Rack-to-Rack architectures designed for high reliability, bandwidth density, and power efficiency. The company is expanding into optical interconnects to complement its electrical connectivity expertise.
Topics: AI infrastructure investments semiconductors startups