CogniFiber is an Israeli startup that develops advanced in-fiber photonic processing systems and DeepLight processors that harness the power of light itself and can operate much faster that anything offered by the world’s current largest company Nvidia. They use specially designed optical fibers with multiple cores to crunch data at the speed of light, aiming for a staggering 1,000x boost in processing speed during AI tasks. Remarkably, they achieve this while consuming only 1% of the energy compared to traditional processors.
Too that end, CogniFiber just raised $5 million in a new funding round led by Chartered Group and Eastern Epic Capital. This brings the company’s total investment to date to $14 million.
Founded in 2018 by Dr. Eyal Cohen, a hardware and algorithms engineer (formerly of Mellanox, Saifun, and Oren Semiconductor), who also holds a Ph.D. in brain research from the Weizmann Institute, and Professor Zeev Zalevsky, a world-renowned optics researcher, serial entrepreneur, and current Dean of the Faculty of Engineering at Bar-Ilan University, CogniFiber was established to “reinvent computation and revolutionize the data processing industry.”
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Inspired by the brain’s efficiency, CogniFiber has developed a revolutionary in-fiber computing system that utilizes the blazing speed of light. Early demonstrations (POCs) confirm that this entirely light-based computing method surpasses even the most cutting-edge processors in every aspect. Remarkably, it’s projected to achieve a staggering 1000x improvement in performance and energy efficiency compared to existing processors. This breakthrough paves the way for a new era of super-scalable supercomputing, unlocking the true potential of AI for life-changing and life-saving applications.
“The new funding will support the completion of the first generation of processors and our marketing and sales efforts as our initial products make their way to the global markets,” said Dr. Eyal Cohen, CEO and Co-Founder of CogniFiber. “We believe the new processor will realize the promise of scalable photonic computing, demonstrating how this unique technology can exponentially accelerate the development of sustainable AI data centers, smart cities, AI-assisted drug development, adaptive cybersecurity and countless other applications.”
Ana Lipnik-Levy, Vice President of Strategy at CogniFiber, added, “We deeply acknowledge the challenges of market education when a new computing platform is introduced, however, alongside us stands groundbreaking technology with significant disruptive potential, and we believe the current funding round will help us engage strategic partners to break into the global market and open a new, game-changing chapter in the history of AI.”