AI optical network company Lumilens completes over $700 million Series C financing, valuation rises to $5.51 billion

TechFlow reports, August 07, according to Reuters, optical network startup Lumilens announced that it raised over $700 million in its latest Series C funding round, valuing the company at $5.51 billion, with total funding exceeding $900 million. Driven by the expansion of AI data centers, market demand for high-speed, low-power optical network connection technology continues to rise. The company stated that it has supplied a customer with a hyperscale data center background under a multi-billion dollar agreement, and the new funds will be primarily used to expand engineering R&D and manufacturing capabilities.