European Sovereignty Monitor

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iPronics raises USD 125 million Series B for AI data centre optical switches

Spanish photonics spinout iPronics, spun off from Universitat Politecnica de Valencia, closed a USD 125 million Series B led by Maverick Silicon and Light Street Capital, with Nvidia and the EIC Fund joining, taking total funding to USD 177 million for its AI data centre optical switch.

Verified iPronics press release (GlobeNewswire), 2 September 2026

What it does not test. This does not establish where the optical switches will be deployed, nor whether non-European investors now hold a controlling stake in the company.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. Funding round only; deployment location and ownership control unstated. European Sovereignty Index

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