Lightmatter

About

Lightmatter uses light to create photonic compute chips specialized for AI.

Boston,Massachusetts,United States
51 - 100
https://lightmatter.co/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $11M
Industries: Artificial Intelligence,Hardware,Machine Learning,Software
Founded date: Sep 8, 2017
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Lightmatter, Inc.

Lightmatter uses light to create photonic compute chips specialized for AI.

Untethered from the limits of Moore’s Law and Dennard Scaling, they’ve rewritten the rules of processor performance scaling by combining electronics, photonics, and new algorithms to create a next-generation computing platform purpose-built for artificial intelligence.

Lightmatter is building the engines that will power discoveries, drive progress, and reduce our impact on the planet.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$113M

Lightmatter has raised a total of $113M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 6, 2021	Series B	$80M	8	Viking Global Investors	—	Detail
Feb 26, 2019	Series A	$22M	3	GV	—	Detail
Feb 5, 2018	Series A	$11M	2	Matrix Partners Spark Capital	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Lightmatter has made 2 investments. Their most recent investment was on Apr 5, 2022, when Futwork raised $1M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Apr 5, 2022 Futwork	Seed	$1M	Marketing	—
Oct 1, 2020 Questbook	Pre-seed	$625K	Cryptocurrency	—

Investors

Number of Lead Investors

Number of Investors

4

8

Lightmatter is funded by 8 investors. Viking Global Investors and FAST — by GETTYLAB are the most recent investors.

Investor Name	Lead Investor	Funding Round
Viking Global Investors	Yes	Series B
FAST — by GETTYLAB	—	Series B
GV	—	Series B
Hewlett Packard Enterprise	—	Series B
Lockheed Martin Ventures	—	Series B
Matrix Partners	—	Series B
SIP Global Partners	—	Series B
Spark Capital	—	Series B