Overview
Optalysys has raised £23 million in a Series A extension round to accelerate the commercialization of its photonic computing technology and expand into the United States. The funding, led by Northern Gritstone with participation from imec.xpand, Lingotto Horizon, and the UK government's NSSIF, aims to advance Optalysys' proprietary photonic chips and scale its go-to-market efforts to meet the growing demand for faster, energy-efficient computing infrastructure.
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Investors: Northern Gritstone, imec.xpand, Lingotto Horizon, NSSIF
Optalysys has raised £23 million in a Series A extension round to accelerate the commercialization of its photonic computing technology and expand into the United States. The funding, led by Northern Gritstone with participation from imec.xpand, Lingotto Horizon, and the UK government's NSSIF, aims to advance Optalysys' proprietary photonic chips and scale its go-to-market efforts to meet the growing demand for faster, energy-efficient computing infrastructure.