EON raises $10.75M to link AI data centers with orbital lasers

TechCrunch reported on August 4, 2026 that Endeavor Optical Networks (EON) has emerged from stealth with a 10.75 million dollar seed round from General Catalyst and Andreessen Horowitz. The startup plans a 20‑satellite laser network to connect data centers across continents at multi‑terabit speeds, targeting AI and hyperscale customers.