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xLight Raises $40 Million Series B to Revolutionize Semiconductor Manufacturing

The round was led by Playground Global, an early-stage venture capital firm investing in entrepreneurs who have developed breakthroughs in frontier technologies, and joined by Boardman Bay Capital Management, a leading investment manager specializing in high-growth opportunities across transformative technology subsectors. Morpheus Ventures, Marvel Capital, and IAG Capital Partners also joined the round.

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Ayar Labs, with Investments from AMD, Intel Capital, and NVIDIA, Secures $155 million to Address Urgent Need for Scalable, Cost-Effective AI Infrastructure

Other new strategic and financial investors participating in the round include 3M Ventures and Autopilot. They join existing investors such as Applied Ventures LLC, Axial Partners, Boardman Bay Capital Management, GlobalFoundries, IAG Capital Partners, Lockheed Martin Ventures, Playground Global, and VentureTech Alliance.

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Celestial AI Closes $175 Million Series C Funding Round Led by U.S. Innovative Technology Fund

The round included participation from new and existing investors including AMD Ventures, Koch Disruptive Technologies (KDT), Temasek, Temasek’s wholly owned subsidiary Xora Innovation, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings (SGH), Porsche Automobil Holding SE, Engine Ventures, M-Ventures and Tyche Partners.

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