The Empower Africa Business Platform is Now Live !!!
Egyptian semiconductor startup InfiniLink has raised $10 million in seed funding to accelerate the development of its energy-efficient optical connectivity solutions, designed for artificial intelligence (AI)- powered data centres.
Founded in 2022, InfiniLink focuses on creating advanced optical data connectivity chips.
As the use of AI continues to grow, data centres are struggling to meet rising demands for bandwidth and energy efficiency.
Current technologies face limits in power usage and scalability, which InfiniLink aims to overcome.
The startup has developed a new Silicon Photonics technology, which includes integrated optical transceiver chiplets (iOTC).
This innovation helps reduce power consumption and supports high-speed data transfer, making it ideal for next-generation data centres.
The funding round was led by MediaTek, a top fabless semiconductor company, and Sukna Ventures, a Saudi-based venture capital firm. Other participants included Egypt Ventures and M Empire Angels.
InfiniLink plans to use the funds to further develop its products and expand globally.
The company aims to transform how data centres handle large AI workloads using its deep expertise in Analog Mixed-Signal and Photonics.
“Our partnership with MediaTek will help us push forward with our optical connectivity solutions,” said Ahmed Aboul-Ella, co-founder and CEO of InfiniLink. “We’re excited to bring our technology to market and support the growing needs of AI-driven data centres.”
George Chien, Senior General Manager at MediaTek, expressed strong support for InfiniLink:
“Our collaboration over the past three years has been great, and this investment builds on the success of launching MediaTek Egypt,” he said.
Waleed Alballaa, General Partner at Sukna Ventures, praised InfiniLink’s team and technology:
“Their work addresses the huge energy needs of AI in data centres. This aligns with our goal to support high-potential startups in the MENA region,” he said.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
New GX Capital and RMB Ventures have introduced the Airnergize Capital Fund I with an initial commitment of approximately $120 million.
Yellow Card, a leading fintech company in Africa, has raised $33 million in a Series C funding round aimed at enhancing its operations and driving expansion across the continent.
Husk Power Systems, a pioneering cleantech startup operating in Africa and Asia, has successfully concluded its Series D funding round, raising $103 million.
