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Lightmatter Raises $80M Series B And Brings Photonic Compute Chip To Market That Accelerates Ai With 10X-Plus Speed And Energy Advantage

PRIVATEMay 06, 2021

Amount Raised

$80 Million

Round Type

Series B

BostonManufacturingHardware

Description

Lightmatter, the leader in photonic computing, announced today that it has raised a $80 million Series B investment round, bringing total investment raised so far to $113 million. The round was led by Viking Global Investors with participation from GV (formerly Google Ventures), Hewlett Packard Enterprise (HPE), Lockheed Martin, Matrix Partners, SIP Global Partners, Spark Capital, and others.

Quick answer

Lightmatter raised $80 Million in a Series B round, dated May 6, 2021. Lightmatter is based in Boston, Massachusetts, United States.

How much did Lightmatter raise?
Lightmatter raised $80 Million in a Series B round on May 6, 2021.
What does Lightmatter do?
Lightmatter is leading the revolution of computing, reducing impact on our planet, and enabling the next giant leaps in human progress.
Where is Lightmatter based and how big is it?
Lightmatter is based in Boston, Massachusetts, United States.
Who are the decision-makers at Lightmatter?
Fundz holds 1 contact at Lightmatter, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Manufacturing around the same time

Companies in the same sectors as Lightmatter that raised within 45 days of this round, from Fundz verified event records.

  • Genesis Systems LLC raised $2.3M (Seed) on April 21, 2021.
  • Custom Truck One Source raised $883M on April 15, 2021.
  • Groq AI raised an undisclosed amount (Funding Round) on April 14, 2021.
  • SambaNova raised $676M (Series D) on April 13, 2021.
  • Osaro, Inc. raised $17M on April 1, 2021.
  • ESO raised an undisclosed amount (Corporate Round) on March 26, 2021.

Who to call at Lightmatter, and when

A new round usually means Lightmatter is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lightmatter raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lightmatter, from your own LinkedIn network

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Company Information

Company

Lightmatter

Location

800 W. El Camino Rd #350

Boston, Massachusetts, United States

About

Lightmatter is leading the revolution of computing, reducing impact on our planet, and enabling the next giant leaps in human progress. With the company’s photonics-enabled technologies, Lightmatter has reinvented how chips communicate and calculate. Its photonic interconnect and compute products simultaneously reduce the power consumption and increase the performance of silicon running the most advanced AI and HPC workloads.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Lightmatter raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsDarius B., Executive Officer, Director hiddenSee plans and pricing
Predictive Intelligence
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Lightmatter raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.