San Francisco-based company Volantis has raised $88 million in a Series A round to develop a new architecture designed for artificial intelligence inference. The round was co-led by Lachy Groom and Abstract Ventures, with participation from John Doerr, VXI Capital, Triatomic, and Susa Ventures. Private investors Dwarkesh Patel, Naveen Rao, and Sholto Douglas also participated.
The semiconductor company aims to solve one of the key problems in modern AI infrastructure. Its architecture is intended to simultaneously improve memory bandwidth and capacity. According to Volantis, this will allow for supporting larger models at significantly higher inference speeds.
Large AI models require a substantial amount of memory during operation, as well as high bandwidth for continuous data transfer to computing systems. Existing architectures force a compromise between these requirements. On-chip SRAM provides high bandwidth but has limited memory capacity.
GPU-based systems use high-performance memory to increase capacity, but bandwidth can limit the speed of increasingly large models. Volantis seeks to change this balance with its A-1 system. The company states that A-1 will be able to support models exceeding 20 trillion parameters and is designed to achieve speeds of up to 10,000 tokens per second per user.
Furthermore, Volantis claims that its architecture can reduce the cost of inference per token. The company expects that faster data processing will benefit increasingly complex AI agents, allowing code agents to complete tasks in significantly less time.
Volantis is developing a photonic interconnect specifically designed for connections between computation and memory. Its optical structure integrates a large number of memory chips into a single pool. This approach allows for increased bandwidth as more memory is added.
The company uses custom micro-VCSELs in its photonic platform. These components are based on an established gallium arsenide manufacturing ecosystem. Volantis notes that this method helps avoid some supply constraints associated with indium phosphide.
The company's developed micro-VCSELs are characterized by compactness, thermal stability, and energy efficiency. The company's goal is to achieve end-to-end connections consuming less than one picojoule per bit. The technology can also connect up to 220 memory chips around a single GPU. Volantis plans to disclose more details about the architecture as A-1 approaches commercialization.
The new funding will be directed towards the development and commercialization of A-1, as well as expanding engineering capabilities and preparing for customer deployment. Volantis intends to provide its first integrated inference engines to customers in 2027.
The company's founders include specialists who previously worked at NVIDIA, AMD, Broadcom, and Ayar Labs. Their prior experience includes significant achievements in packaging, VCSEL, and silicon photonics. Volantis emphasizes that the team relies on proven technologies rather than unproven breakthroughs.
CEO and co-founder Tapa Ghosh stated that inference speed will become increasingly important as AI agents take on more tasks across various business sectors, and their completion speed can influence company operational pace.
The fundraising comes amid ongoing pressure in AI memory supply chains. The growing demand for AI has amplified the importance of both memory capacity and bandwidth. Volantis positions A-1 as an alternative approach to this infrastructural problem.



