Mixx Technologies Raises USD 33 Million to Support Optical Interconnect Growth

The funding supports Mixx Technologies’ plan to expand operations, enhance product development, and grow teams across different locations.

Mixx Technologies, a deep tech startup focused on optical interconnect solutions for high-performance computing and AI has raised US dollars 33 million. The Singapore-based ICM HPQC Fund led the round, with TDK Ventures, SystemIQ Capital, AVITIC Innovation Fund, and other investors joining in.

The California-based company aims to use the capital to improve R&D, speed product development and increase its engineering presence in Bengaluru. Additionally it plans to expand into new markets such as Taiwan where it wants to set up operations and production teams beginning in January 2026. At the moment, Mixx Technologies is active in both the US and India.

The startup which was founded in 2023 by Rebecca K. Schaevitz and Vivek Raghuraman creates optical interconnect technologies to serve advanced AI and computing workloads. Its architecture rapidly transfers data between GPUs in data centers using silicon photonics and advanced packaging. According to the company this strategy assists in reducing power and performance limitations that frequently limit AI infrastructure.

In future, Mixx Technologies aims to expand its workforce from around 25 individuals to over 75. Kaynes Technologies previously paid USD 3 million to purchase a 13.2 percent share in the company in January 2024.

The funding comes with an increase in investor interest in deep tech projects, particularly those that allow the quick development of AI. For its optical connectivity technology targeted at AI data centers, Singapore-based LightSpeed Photonics raised USD 6.5 million last week.