AI data-center optical interconnect company iPronics has completed a $125 million Series B round led jointly by Maverick Silicon and Light Street Capital. Nvidia, Triatomic Capital, Bosch Ventures, Catalyt Capital and the European Innovation Council Fund also participated, bringing iPronics' total funding to $177 million. The company develops rack-mounted optical switching equipment for AI infrastructure, using a programmable optical layer to let AI clusters adjust network connections in real time for training and inference workloads. The new capital will support operational expansion and faster commercial deployment, Reuters reported.