Mixx Technologies Raises $33 Million in Series A Funding

Mixx Technologies closed a $33 million Series A round. The round was led by ICM HPQC Fund with several other investors. The company builds optical connectivity for AI infrastructure.

Funding details: USD 33 million (Series A)

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Mixx Technologies closed a $33 million Series A funding round on December 1, 2025.

The round was led by ICM HPQC Fund. Other investors included TDK Ventures, Systemiq Capital, Banpu Innovation & Ventures, G Vision Capital, Ajinomoto Group Ventures, AVITIC Innovation Fund, and a few strategic partners. The round was oversubscribed.

The company plans to use the money to move product development forward, grow its global presence, and expand R&D centers in the United States, India, and Taiwan. It will also continue working closely with partners.

Vivek Raghuraman, CEO and co-founder, said that as AI systems get bigger, performance now depends more on power use, latency, and reliability across entire data centers. He added that Mixx is focused on improving how data moves through these systems.

Rebecca Schaevitz, co-founder and chief product officer, said the company is shortening and simplifying the data path with silicon-integrated optics, which removes bottlenecks in the network.

Investors spoke positively about the team and technology. One lead investor representative called the team the most experienced to handle the coming changes in AI connectivity. Others noted the tech’s fit with needs for energy efficiency and its timing for the next phase of AI growth.

Mixx Technologies develops high-performance optical connectivity solutions for AI infrastructure. The company works to remove data-movement bottlenecks that limit the speed and scale of AI systems. It serves cloud service providers running large AI models. Mixx is headquartered in San Jose, California, with operations in India and Taiwan.

Source: PR Newswire