AI data-center interconnect specialist Point2 Technology has completed a $136 million Series B financing led by Korea's LB Investment, with strategic participation from Arm and continued backing from existing investor Maverick Silicon, the San Jose company said on August 10.
Arm And LB Anchor A Bulging Investor List
The new capital lifts Point2's Series B total to $136 million and expands a roster of prominent backers that already includes NVIDIA, Molex, Bosch Ventures and UMC Capital. Arm's SVP of strategic ventures Paul Williamson called Point2's work "an increasingly important challenge as AI systems scale" and said the deal would help underpin the future of AI infrastructure. Founder and CEO Sean Park framed interconnect as "the defining bottleneck" as AI clusters push into terabit-per-second territory.
e-Tube Bets On Plastic Waveguides Over Copper And Optics
Point2's e-Tube technology transmits multi-terabit signals over plastic waveguides, feeding a new category of Active RF Cables (ARC), near-packaged e-Tube (NPE) and co-packaged e-Tube (CPE) modules. The company pitches 10x the reach and 2x lower cable volume than copper at comparable cost, plus 3x lower power and 1,000x lower latency than optics without the reliability drag of failing lasers. The funding will accelerate commercialization of those three form factors as hyperscalers scramble to keep pace with McKinsey's warning that 800G transceiver production may run up to 60% below demand through 2027.
Fitting Into A Rack-Scale AI Arms Race
Point2's raise lands in a fortnight thick with rack-scale interconnect signals. See related coverage of Molex's MiniMix connector for humanoid actuator stacks, NVIDIA's $105B Ohio backstop for OpenAI and LG's Yangjae robotics data factory with NVIDIA. Existing partners Foxconn and Keysight Technologies are already testing multi-terabit RF interconnects with the company.
Reporting based on Point2 Technology's August 10, 2026 press release and coverage from SDxCentral and Yahoo Finance.