Point2 raises 136 million in an AI semiconductor Series B with Arm to decongest data centers
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The operation, led by LB Investment and with the strategic entry of Arm, boosts the startup's valuation in a market that is already attracting the attention of major funds. Lesson for other founders: the 'plumbing' between AI chips has become an investment asset. The bottleneck slowing down artificial intelligence is no longer in the chips, but in how they communicate with each other. Point2 Technology has just raised 136 million dollars in a Series B with Arm to decongest data centers with its radiofrequency interconnection technology. Point2's Series B, closed in August 2026, reached 136 million dollars and is led by LB Investment. The operation places the startup in the 98th percentile of the 424 venture capital rounds in the Internet of Things (IoT) sector in the United States, according to Dealroom data. The strategic entry of Arm as a new investor, along with the continued support from names like NVIDIA, Maverick Silicon, UMC Capital, Molex, and Bosch Ventures, confirm that interconnection between AI chips has become a priority for major players in the semiconductor ecosystem. The round not only strengthens the company's coffers but also validates the thesis that data center 'plumbing' - the cables that transport data between processors - is a critical asset in the terabit-per-second era. Sean Park, co-founder and CEO of Point2, has been clear: "Interconnection has...
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