GAP Pipeline Brief: UC Santa Barbara Spinout Quintessent Raises $40 Million Series A to Scale Optical Interconnect Technology for AI Data Centers

Award & Investment Overview Quintessent, a UC Santa Barbara spinout developing optical connectivity technologies for AI data centers, has raised $40 million in an oversubscribed Series A round. The financing was led by Cycle Capital, with participation from new investors Goldman Sachs XIG-Industry Ventures, Hina Liberty Capital, Susquehanna International Group, InterVest, Safar Partners, and Ciena. […]