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HardKr Interview: An Optical Chip Company That Hundreds of Investors Passed On Is Now Valued at Nearly 20 Billion

Bubble signal: +1 · Overheating evidenceRelevance 70FundingChina
Source: 36Kr · Published 2026-08-28

Summary

Optical Bit, an optical chip startup that was rejected by hundreds of investment institutions in its early days, has completed several funding rounds in the past year, raising a total of several billion yuan, with a post-investment valuation soaring to nearly 20 billion yuan, making it one of the highest-valued companies in the sector. Nvidia's investments of $2 billion each in optical module companies Lumentum and Coherent in 2025, along with its release of switches using silicon photonics and co-packaged optics, have driven market attention to optical computing and optical interconnects, boosting valuations of companies like Optical Bit.

Bubble analysis

This company's valuation surge from obscurity to nearly 20 billion yuan is largely driven by Nvidia's moves and secondary market speculation on optical modules, but its revenue is still small, so the valuation spike may outpace actual performance, exemplifying valuation inflation in a niche AI investment boom.

#nvidia#valuation#funding#optical-computing
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