Nvidia makes its first Korean bet with Point2 Technology
The chip giant's venture arm backed a KAIST spinout building radio-frequency cables to unclog AI data centers
Nvidia has spent years selling the engines of the AI boom. Now it is putting money into the plumbing.
NVentures, the company’s venture arm, joined a Series B funding round for Point2 Technology. Point2 is a Korean fabless semiconductor startup that builds interconnect technology for AI data centers. The round totaled $76 million and closed in April 2026.
The deal is Nvidia’s first investment in a company based in Korea.
What Point2 actually builds
A modern AI cluster is thousands of chips that need to talk to each other constantly. The cables and links that carry that chatter are called interconnects.
Point2 designs radio-frequency-based interconnect solutions meant to ease the bottlenecks that tend to show up as AI clusters grow larger.
Its flagship product line is called the e-Tube platform. Point2 claims e-Tube delivers ten times the reach of copper connections at a comparable cost.
Point2 is fabless, which means it designs chips but does not run its own factories. It hands manufacturing off to outside foundries, a common model in the semiconductor industry.
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The company is working toward commercializing two products built on e-Tube. One is the Active RF Cable, or ARC. The other is the co-packaged e-Tube, or CPE. Both are aimed at squeezing better performance out of AI systems.
The money and the names behind it
Nvidia was not the only big name at the table. After the initial $76 million raise, follow-on investments pushed the total Series B to $136 million by August 2026.
Arm, Bosch Ventures, and LB Investment were among the significant contributors to that larger total.
Point2 was spun out of the Korea Advanced Institute of Science and Technology, better known as KAIST. It was founded by KAIST professor Bae Hyeon-min along with alumni of the school, including CEO Sean Park.
The company has ties to both Korea and San Jose, California, putting it close to Silicon Valley’s chip ecosystem while keeping its research roots at home.
Point2 also received the BloombergNEF 2026 Pioneer award for its sustainable AI infrastructure technology.
What this means
For Point2, the immediate task is turning lab results into shipping products. The Series B funding is expected to carry the company toward commercializing ARC and CPE.
Investors anticipate an initial public offering before 2030, which they view as a way to validate the technology’s market potential.
Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.
