MIG Capital led a €16m Seed Round in NcodiN.

MIG Capital, a Munich-based venture capital firm, led a €16m Seed Round in NcodiN, a deep-tech startup pioneering optical interconnects for the next generation of computing, with participation from Maverick Silicon, PhotonVentures, Verve Ventures, Elaia, Earlybird, and OVNI. “This funding marks a pivotal milestone for NcodiN. We are delivering the missing piece for the industry’s most pressing challenge: enabling extremely high memory bandwidth to power the AI factories of tomorrow. Our technology unlocks wafer-scale superchips by providing the most energy-efficient interconnects for networking across tens of chiplets - an essential component in the architectures everyone is chasing. As new generations of GPUs and AI accelerators emerge to keep pace with rapidly evolving GenAI algorithms, NcodiN is laying the photonic foundation that makes them possible,” Francesco Manegatti NcodiN CEO and Co-Founder.