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flag POET Technologies raised $75 million in a major private deal to boost AI and data center tech.

flag POET Technologies Inc. closed a $75 million non-brokered private placement on October 7, 2025, its largest single investment to date, raising funds through 13.6 million common shares and warrants. flag The transaction, completed without underwriters, will support R&D, scaling operations, acquisitions, and growth in its light source and optical interposer businesses for AI and data center markets. flag The company, headquartered in Toronto, emphasized its strong cash position and focus on high-speed optical connectivity solutions.

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