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What does it take to land venture capital for photonics-driven startups?
(L-R) Entrada Ventures' Alex Fang, co-founder and managing partner; Greg Fish, operating partner; and Eric Hall, managing partner....
Dec 7, 2023
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Quintessent Raises $40 Million Series A and Begins Sampling First Product for AI Optical Interconnects
August 24, 2026 SANTA BARBARA, Calif.--(BUSINESS WIRE)--Quintessent, an innovator in resilient and low-cost AI datacenter optical interconnect products, today announced it has raised $40 million in an oversubscribed Series A investment round. Quintessent also announced the start of customer sampling of its single-chip quantum dot-based DWDM comb laser – a new class of light source designed to simplify optical connectivity for rapidly scaling AI clusters. “For the past several
Aug 24


d-Matrix Acquires Wallaroo.ai to Speed up Deployment of Heterogeneous AI Inference Workloads
Second acquisition in four months brings ease of deployment and orchestration expertise to d-Matrix's silicon-to-software data center inference stack SANTA CLARA, Calif., Aug. 3, 2026 /PRNewswire/ -- d-Matrix, the pioneer in ultra-low-latency AI inference for data centers, today announced the acquisition of Wallaroo.ai, a leader in AI inference deployment and orchestration software. The acquisition brings d-Matrix the technology platform, intellectual property, and expert eng
Aug 3


Parasail to Combine NVIDIA AI Infrastructure with d-Matrix Accelerators to Achieve 10x Faster Token Generation
Inference service provider to deliver faster, more cost-efficient tokens by pairing NVIDIA Hopper and Blackwell GPUs with d-Matrix Corsair accelerators SAN FRANCISCO and SANTA CLARA, Calif., July 8, 2026 /PRNewswire/ -- Parasail, the inference cloud for AI-native startups, and d-Matrix, a pioneer in low-latency AI inference compute platforms for data centers, today announced Parasail is deploying d-Matrix Corsair inference accelerators alongside the NVIDIA Hopper and NVIDIA B
Jul 8


d-Matrix Corsair Inference Accelerator Wins 2026 AI Breakthrough Award
"AI Processor Innovation Award" recognizes Corsair as the emerging infrastructure of choice for heterogeneous AI compute, deliver blazing fast token generation in concert with GPUs SANTA CLARA, Calif., June 25, 2026 /PRNewswire/ -- d-Matrix, the pioneer in low-latency AI inference for data centers, today announced its d-Matrix Corsair™ inference accelerator is the recipient of the ninth annual AI Breakthrough Award program's "AI Processor Innovation Award." Having just entere
Jun 25


Upstart chipmakers keep challenging Nvidia. This time it’s Microsoft-backed D-Matrix
Published Tue, Jun 9 2026 Katie Tarasov Key Points D-Matrix says its chips can run inference workloads 10 times faster and using five times less energy than a standalone graphics processing unit from Nvidia. Like Cerebras, D-Matrix is trying to prove it can carve out a niche in the AI chip market, which Nvidia has dominated. “This is a $1 trillion market in the making,” D-Matrix co-founder and CEO Sid Sheth told CNBC. In the increasingly competitive AI chip market, there’s an
Jun 9


d-Matrix Boosts Rack-scale AI Capabilities With Acquisition of GigaIO Data Center Business
Addition of Rack-Scale Technology, Systems Expertise and Key Engineering Talent to Accelerate Deployment of Low-Latency, Highly Efficient AI Inference at Scale SANTA CLARA, Calif., April 2, 2026 /PRNewswire/ -- d-Matrix, the pioneer in low-latency AI inference compute for data centers, today announced the acquisition of GigaIO's data center business, a systems engineering organization with deep expertise in rack-scale infrastructure and high-performance interconnects. Buildin
Apr 2


d-Matrix Announces JetStream I/O Accelerators Enabling Ultra-Low Latency for AI Inference at Scale
Paired with d-Matrix's Corsair accelerators and Aviator software, JetStream can deliver up to 10x speedups, 3x better cost-performance,...
Sep 8, 2025


Oso Semiconductor Closes $5.2M Seed Round to Power the Next Generation of Phased Array Antennas in Satellite Communication, 5G and Radar Systems
The company’s novel, patent-pending microchips are ultra-low loss and can provide up to 4x improvement in efficiency compared to existing...
Feb 12, 2025


HTEC and AI Inference Hardware Startup, d-Matrix, Announce Strategic Partnership
HTEC announces partnership with d-Matrix, the creator of Corsair™, the world’s most efficient AI computing platform for inference in...
Feb 4, 2025


PseudolithIC Inc. Raises $6M in Seed Funding to Revolutionize Wireless Chips with Proprietary Chiplet Heterogeneous Integration Technology
January 27, 2025 Hybrid approach pushes the boundaries of RF technology Enables cost-effective solutions for next-gen 5G/6G networks,...
Jan 27, 2025


Quintessent and IQE Establish Quantum Dot Epitaxial Wafer Supply Chain for AI Optical Interconnects
January 23, 2025 SANTA BARBARA, Calif.--( BUSINESS WIRE )--Quintessent Inc., a pioneer in quantum dot laser technology and heterogeneous...
Jan 23, 2025


Quintessent Hires Industry Veteran Bob Nunn as Chief Operating Officer
January 14, 2025 SANTA BARBARA, Calif.--( BUSINESS WIRE )--Quintessent Inc., a pioneer in heterogeneous silicon photonics and quantum dot...
Jan 14, 2025


d-Matrix Emerges From Stealth With Strong AI Performance & Efficiency
Startup launches “Corsair” AI platform with Digital In-Memory Computing, using on-chip SRAM memory that can produce 30,000 tokens/second...
Nov 19, 2024


Quintessent raises $11.5M in seed funding to future-proof optical connectivity
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Quintessent, a pioneer in heterogeneous silicon photonics and quantum dot laser technology, has...
Mar 14, 2024


A new phase of the AI race is coming — and chip startup d-Matrix could be the winner
With backers like Microsoft, d-Matrix is competing against Nvidia to become the next big thing in AI chips. October 24, 2023 Alexandra...
Nov 8, 2023


Founder’s Lessons: Alan Liu, Quintessent Founder/CEO
Alan shared his experiences and insights into the photonics industry and his start-up building journey. About Welcome to the 34th...
Sep 28, 2023


d-Matrix Announces $110M in Series B Funding to Make Generative AI Commercially Viable
Temasek and a global syndicate of new investors join existing investors Playground Global, M12 (Microsoft Venture Fund), Nautilus Venture...
Sep 6, 2023


Generative AI Compute Front-Runner d-Matrix Reaches New Milestone in Efficient AI Inference
Digital in-memory compute chiplet is a first-of-its-kind for the industry [August 22, San Francisco, CA]: Today, d-Matrix, the leader in...
Aug 22, 2023


Tower Announces World’s First Heterogeneous Integration of Quantum Dot Lasers on its SiPho Platform
Integrates a GaAs QD laser on Tower’s versatile high-volume SiPho Foundry platform MIGDAL HAEMEK, Israel – March 2, 2023 – Tower...
Mar 2, 2023


d-Matrix Launches Chiplet Connectivity Platform to Address Exploding Compute Demand for GenerativeAI
New Jayhawk platform capitalizes on innovative energy efficient chiplet interconnects to improve performance and reduce data center...
Jan 24, 2023
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