🏆 Deal of the Week · CW 5/2025
iPronics raised EUR 20 million in a Series A round; the company's valuation was not disclosed. The round was closed in January 2025. Investors include Amadeus Capital Partners, Bosch Ventures, Criteria Venture Tech, Fine Structure Ventures, and Triatomic Capital.
iPronics — key deal facts
| Company | iPronics |
| Founded | 2019 |
| Headquarters | Valencia, Spain |
| Amount raised | EUR 20m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | Amadeus Capital Partners, Bosch Ventures, Criteria Venture Tech, Fine Structure Venture, Triatomic Capital |
| Sectors | Manufacturing Semiconductor Software |
Who invested in iPronics?
The Series A was backed by Amadeus Capital Partners, Bosch Ventures, Criteria Venture Tech, Fine Structure Ventures, and Triatomic Capital. The syndicate is notably cross-border, combining a leading European deep-tech venture fund, a corporate strategic arm from Bosch, and specialist technology investors. The presence of Bosch Ventures signals particular interest in photonic networking as an enabling technology for industrial and AI infrastructure applications.
What does iPronics do?
iPronics develops software-defined optical networking engines and programmable photonic processors designed for energy-efficient AI clusters and data centers. Its core products are the iPronics ONE optical networking engine and the world's first general-purpose field-programmable photonic gate array (FPPGA), both of which support real-time reconfiguration and solid-state optical switching. Founded in 2019 as a spinoff of the Universitat Politècnica de València (UPV), the company is headquartered in Valencia, Spain, and is led by CEO Christian Dupont, who joined in September 2024.
iPronics valuation & multiples
Explore the benchmarks: Series A.
Frequently asked questions
How much did iPronics raise in its Series A?
iPronics raised EUR 20 million in its Series A round, closed in January 2025.
What is iPronics's valuation?
iPronics's valuation was not disclosed as part of this Series A funding announcement.
Who invested in iPronics?
The Series A investors are Amadeus Capital Partners, Bosch Ventures, Criteria Venture Tech, Fine Structure Ventures, and Triatomic Capital.
When was iPronics founded and where is it based?
iPronics was founded in 2019 and is headquartered in Valencia, Spain.
Source: original announcement — read the full report.