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The networking layer of AI.

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Stages

Seed

Year Invested

2026

Lead investors

Headquarters

Palo Alto, California

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Ali Khalatpour

Co-Founder & CEO, Piris Labs

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Keyvan Moghadam

Co-Founder & President, Piris Labs

What Piris Labs Does

Piris Labs is building optical interconnect infrastructure for AI data centres on Thin-Film Lithium Niobate (TFLN) - a next-generation photonic platform with fundamental advantages in bandwidth, power efficiency, and modulation speed over silicon photonics. The first product is a pluggable transceiver in standard OSFP form factor: a drop-in replacement for copper, no GPU swap or switch redesign required. Piris also runs a live inference software service with paying customers across voice AI, gaming, and agentic coding.

The Problem & Market

GPU clusters in AI data centres run at ~30% utilisation. The rest is wasted waiting on data movement - a physics problem, not a software one. Inference costs are unsustainable, and incremental improvements to copper are insufficient. The AI data centre infrastructure market is projected to reach $200B+ annually, with ~25% allocated to networking and interconnect.

Why Untapped Invested

Ali's track record delivering novel systems at NASA and MIT - under real constraints, ahead of international competition - is rare at the seed stage. Keyvan brings exactly the production AI infrastructure depth to turn a hardware breakthrough into a commercial service. Every agent, every model, every inference call runs on infrastructure hitting a hard physical wall at the interconnect layer. Piris is building the fix.

Frequently Asked Questions

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