Chiplet interconnect startup Eliyan valued at $1bn following $145m Series C funding round - Data Center Dynamics

Chiplet interconnect startup Eliyan has raised $145 million in a Series C funding round, valuing the company at $1 billion. Led by Seligman Ventures, the oversubscribed round included participation fr... Read original →

Eliyan's Series C funding marks a pivotal moment as chiplet interconnect technology transitions from concept to commercial deployment. Its NuLink PHY and NuGear solutions, leveraging Universal Memory Interface, directly advance 3D integration and advanced packaging, compelling traditional foundries and assembly firms to upgrade infrastructure. From a regulatory standpoint, ongoing U.S. export controls on China’s semiconductor sector pose supply chain risks, especially for critical optical and electronic components. Competitors like Intel, AMD, and Marvell may accelerate proprietary interconnect development to maintain ecosystem dominance. Over the next 12–24 months, as AI compute demand surges, chiplet-based architectures will dominate, positioning Eliyan to capture market share if it secures early adopters and standards. Otherwise, it risks being sidelined in the evolving ecosystem.