Xsight Labs Closes Series D Funding Led by Valor and Atreides, Joined by Fidelity
– Xsight Labs announced the closing of its Series D funding.
– The round was led by Valor Equity Partners and Atreides Management and was joined by new investor Fidelity Management & Research Company.
– Existing investors Battery Ventures, Intel Capital, M12 Microsoft’s Venture Fund and Xilinx, increased their investments.
– Additionally, Accton Technology joined as a new strategic investor.
– Xsight Labs’ Series D was significantly oversubscribed and is the largest round ever raised by our group.
– Xsight Labs emerged from stealth in December 2020 and announced the sampling availability of X1, the industry’s first 25.6T data center switch with 100G PAM4 SerDes.
Mobix Labs Raises $10M in Funding
– Mobix Labs from Irvine, CA develops RF semiconductors for the 5G mmWave wireless market.
– The company closed $10m new funding as part of an extended seed round.
– The new investment will be used to continue to expand the company’s development efforts.
Scalinx Secures €10.5M Funding Round
– Scalinx, a Paris, France-based fabless semiconductor company specialized in advanced signal conversion chips, secured €10.5m in funding.
– The round was led by WaterStart Capital, anotherventure, with participation from BNP Paribas Développement, CEN Innovation, and Unexo.
– The new investment will be used to meet market demand and further expand the team.