Mixx Technologies, a deep-tech company, has raised $33 million in its Series A funding round led by ICM HPQC Fund.
The round also saw participation from TDK Ventures, Systemiq Capital, Banpu Innovation & Ventures, G Vision Capital, Ajinomoto Group Ventures, AVITIC Innovation Fund, and other strategic partners.
The fresh funds raised will be used to advance its product development milestones, expand its global footprint, and scale R&D centers in the U.S., India, and Taiwan, alongside continued investment in its strategic collaborations with ecosystem partners.
Founded in 2023 by Vivek Raghuraman and Rebecca K. Schaevitz, Mixx Technologies is a deep-tech company providing the ultra-efficient connectivity fabric required for the future of AI and High-Performance Computing.
With a platform that merges photonics, advanced packaging, and system architecture, Mixx is building the foundation for faster and more parallelized AI infrastructure.
With a top-down, system-level design approach and foundational intellectual property, Mixx is solving the industry’s critical interconnect bottleneck, enabling limitless performance and cost-effective scaling for the world’s most demanding workloads.
Mixx’s foundational multi-terabit HBxIO platform provides ultra-high-radix, scale-up connectivity enabling cloud service providers to deploy massive AI inference models at unprecedented speed and efficiency.
The company is headquartered in San Jose, CA, with operations in India and Taiwan.
Vivek Raghuraman, CEO and co-founder of Mixx Technologies, said, “As AI infrastructure scales into the exabyte era, the very metrics of performance are shifting. What once centered on link speeds and component efficiency must now account for system-wide power, latency, and reliability measured at the data center level. Mixx is rethinking these fundamentals to optimize end-to-end data movement, where every pico-joule saved and nanosecond gained compounds across trillions of interconnected nodes.”
Dr Rebecca Schaevitz, Co-founder and Chief Product Officer at Mixx, said, “We’re transforming the path from transistor to fiber with silicon-integrated optics, flattening the network and eliminating bottlenecks at the core. Our connectivity fabric is engineered to scale as aggressively as modern AI compute.”
Matthew Gould, Portfolio Manager at ICM HPQC Fund, said, “AI connectivity infrastructure is being redefined in real time, and Mixx has brought together the most capable team to lead that transformation. Their expertise in optics, execution, and large-scale system deployment positions them to tackle challenges others are only beginning to see. We’re proud to back a team shaping the foundation of next-generation AI.”
Tina Tosukhowong, Investment Director at TDK Ventures, said, “TDK Ventures invests in companies driving sustainable technological transformation at scale. Mixx’s pragmatic approach makes manufacturability seamless for the AI era—enabling a multi-generation roadmap for performance improvement and energy efficiency gains, both critical for the growth of hyperscale infrastructure.”
Irena Spazzapan and Jasper Wigley, Managing Partner and Senior Associate at Systemiq Capital, said, “Mixx is delivering the right technology at exactly the right time — a system-level optical architecture designed to optimize power and economics. It’s rare to see technology so precisely aligned with what the market needs.”
Dr Luke Tang, Managing Partner at G Vision Capital, said, “As models grow and inference becomes the dominant workload, connectivity—not compute—becomes the constraint. Mixx’s photonic architecture unlocks inference throughput by removing the interconnect bottleneck and enabling fully disaggregated, high-utilization AI systems.”
Further, Stella Jin, Managing Partner at G Vision Capital, said, “We’re excited to partner with Mixx as they set a new benchmark for inference performance at scale.”
