Arago, a Paris-based DeepTech startup, has raised €22.1 million in Seed funding to accelerate the commercialisation of its photonic processor, codenamed “JEF”.
The funding round was co-led by Earlybird, Protagonist, and Visionaries Tomorrow, with participation from other investors and notable angel investors from tech backgrounds.
Arago's technology aims to deliver 10× lower energy consumption than leading GPUs while being compatible with industry-standard software frameworks and hardware components.
The company plans to use the funding to accelerate product development, expand its team, and deepen business partnerships to scale its growth.