Nvidia AI interconnect darling Point2 bags $136m funding from Arm, others

AI data center interconnect specialist Point2 Technology has bagged Series B financing to the tune of $136 million.

Led by LB Investment, the funding round saw previous investors such as Nvidia, Molex, and Bosch Ventures joined by Arm and some unnamed participants.

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Point2 plans to use the new funding to grow its engineering, operations, and commercial teams while accelerating the roll out of its active radio frequency (RF) cable (ARC), near‑packaged e-Tube (NPE), and co‑packaged e‑Tube (CPE) technologies, which are designed to power the next generation of rack-scale AI compute infrastructure.

Founded in 2016 and headquartered in San Jose, California, Point2 develops an RF signaling architecture that transmits data over plastic waveguides, as coupled with mixed‑signal interconnect system on chips (SoCs). The firm currently boasts partners such as Keysight Technologies and Taiwanese giant Foxconn.