PRESS RELEASE
21 April 2026

Sheppard Represents NEye.ai In $80 Million Series C Financing

SM
Sheppard, Mullin, Richter & Hampton LLP

Contributor

Businesses turn to Sheppard to deliver sophisticated counsel to help clients move ahead. With more than 1,200 lawyers located in 16 offices worldwide, our client-centered approach is grounded in nearly a century of building enduring relationships on trust and collaboration. Our broad and diversified practices serve global clients—from startups to Fortune 500 companies—at every stage of the business cycle, including high-stakes litigation, complex transactions, sophisticated financings and regulatory issues. With leading edge technologies and innovation behind our team, we pride ourselves on being a strategic partner to our clients.
Sheppard advised nEye.ai, a pioneer in integrated optical interconnects, in its $80 million Series C financing led by Sutter Hill Ventures and participation from existing investors including Alphabet’s independent growth fund...
United States

Sheppard advised nEye.ai, a pioneer in integrated optical interconnects, in its $80 million Series C financing led by Sutter Hill Ventures and participation from existing investors including Alphabet’s independent growth fund, CapitalG; Microsoft’s Venture Fund, M12; and Socratic Partners, among others. As part of the financing, Sutter Hill Ventures’ managing director Stefan Dyckerhoff will join nEye’s board of directors.

This round of capital brings nEye’s total funding to $152 million and will help accelerate the development and high-volume manufacturing of nEye’s proprietary Optical Circuit Switches (OCS). nEye’s OCS technology introduces compact, fast-switching optical layers that allow for the flexible pooling of CPU, GPU and memory resources, ensuring data center architectures can evolve alongside rapidly advancing AI models.

The Sheppard deal team was led by Stephanie Zeppa and included Autumn Schmidt and Kylie Arman.

Read more here.

Contributor

Businesses turn to Sheppard to deliver sophisticated counsel to help clients move ahead. With more than 1,200 lawyers located in 16 offices worldwide, our client-centered approach is grounded in nearly a century of building enduring relationships on trust and collaboration. Our broad and diversified practices serve global clients—from startups to Fortune 500 companies—at every stage of the business cycle, including high-stakes litigation, complex transactions, sophisticated financings and regulatory issues. With leading edge technologies and innovation behind our team, we pride ourselves on being a strategic partner to our clients.
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