Ottawa-based Hyperlume, a deep-tech startup developing next-gen data center interconnects, has raised $17.8 million CAD ($12.5M USD) in seed funding to commercialize its microLED-powered AI infrastructure technology.
The round was led by BDC’s Deep Tech Venture Fund and ArcTern Ventures, with participation from MUUS Climate Partners, SOSV, Intel Capital, and LG Technology Ventures.
Addressing AI’s Growing Energy Demands
As AI-driven computing workloads surge, data centers face bandwidth bottlenecks and rising power consumption. Hyperlume’s microLED-based interconnects provide:
- 10x higher computing performance
- 5x greater power efficiency
- 4x lower cost compared to traditional copper interconnects
CEO Mohsen Asad and CTO Hossein Fariborzi, who co-founded the company in 2022, aim to redefine AI infrastructure by reducing latency, cost, and energy use in cloud computing environments.
Advertisement
Industry Backing & Strategic Investments
The investment from Intel Capital and LG Technology Ventures signals strong interest from leading semiconductor and electronics firms. Intel Capital’s Srini Ananth stated:
“AI data centers are pushing traditional infrastructure to its limits. Hyperlume’s technology eliminates critical bottlenecks, enabling more efficient AI operations at scale.”
Scaling Innovation & Expanding Partnerships
Hyperlume will use the funding to:
- Grow its product, engineering, and R&D teams
- Accelerate commercial deployment of its microLED interconnects
- Expand strategic partnerships with cloud providers, chip manufacturers, and AI infrastructure firms
With data center power demand expected to grow 160% by 2030, Hyperlume’s solution comes at a critical time, offering a scalable, energy-efficient alternative to support the next wave of AI advancements.verse entrepreneurs, ensuring they receive the backing needed to scale and succeed at later stages.
