Lumilens Completes Over $700M in Series C Funding, Valuation Reaches $5.51B

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Lumilens has closed a C-round funding of over $700 million, bringing total project funding to more than $900 million. The company’s valuation has now reached $5.51 billion, with Atreides Management, Bain Capital Ventures, and Meritech co-leading the round. Lumilens develops optical networking solutions for AI data centers, designed to increase speed and reduce energy consumption. The company is currently supplying a major hyperscale cloud provider under a multi-billion-dollar contract, as inflation data remains a key concern for investors.

Odaily Planet Daily reports that optical network startup Lumilens has announced the completion of a Series C funding round exceeding $700 million, bringing its latest valuation to $5.51 billion. The round was co-led by Atreides Management, Bain Capital Ventures, Meritech, and others, bringing the company’s total funding to over $900 million.

Lumilens primarily provides optical communication and networking products designed to increase data transmission speeds and reduce energy consumption in AI data centers. The company stated that it has begun shipping products to an unnamed hyperscale cloud provider under a multi-billion-dollar customer agreement. (Reuters)

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