Intel Capital led a $15.5m seed round in Mueon.

Intel Capital, the investment arm of Intel, focused on funding companies in cloud, devices, frontier technologies, and semiconductors, led a $15.5m seed round in Mueon, a company developing semiconductor-based systems for AI and hyperscale computing, with participation from Geodesic Capital and Oregon Venture Fund. The funding will accelerate prototype development, system scaling, and top engineering hires. Mueon is initially focused on AI inference and training workloads that are constrained by today’s rack-based systems, with strong demand for deploying large models at scale at lower cost and power. The company is collaborating with leading fabrication, manufacturing, and foundry partners to validate Cubelets™ and bring the architecture to market.