Point2 Tech

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Point2 Tech Secures $23 Million Series B Boost from Bosch Ventures and Molex to Revolutionize Multi-Terabit Interconnect for AI and Automotive

đź“… Date:

đź”– Topics: Funding Event

🏭 Vertical: Automotive

🏢 Organizations: Point2 Tech, Bosch, Molex


Point2 Technology, a leading provider of ultra-low-power, low-latency mixed-signal SoC solutions for multi-terabit interconnect, announced a $22.6 million Series B extension from Bosch Ventures, a leader in deep tech investments, and Molex, a global electronics leader and connectivity innovator, with participation from other investors. This Series B extension validates the demand for Point2’s technology in AI/ML data center applications and the potential to disrupt network interconnect in the broad automotive sector.

Point2 is also partnering with Molex, a strategic investor, to commercialize its E-Tube technology, a scalable interconnect platform that uses RF data transmission over plastic dielectric waveguide to enable multi-terabit active cables with 80% lower weight and 50% less bulk than copper cables. Compared to optical cables, E-Tube is expected to reduce power consumption and costs by 50%, with picosecond latencies that are three orders of magnitude better. Shattering the “copper or optics” paradigm for high-speed cable interconnect, E-Tube breaks the barriers of copper and optical cabling and is poised to become the next-generation multi-terabit interconnect technology.

Read more at PR Newswire