Lightmatter Raises $400 million Series D

Lightmatter has raised $400M in Series D funding led by Goldman Sachs, with participation from Goldman Sachs, GV, HP Pathfinder. Lightmatter Names Roy Kim Vice President of Product to Scale Photonic AI Infrastructure Platform

What it does

Lightmatter Names Roy Kim Vice President of Product to Scale Photonic AI Infrastructure Platform

Traction

Lightmatter is continuing to scale after securing $400M in Series D funding led by Goldman Sachs, with participation from Goldman Sachs, GV, HP Pathfinder.

Trend impact

Lightmatter's financing points to investor interest in AI & Machine Learning, but the current source bundle does not yet support a sharper market-disruption claim.

Funding history

• October 1, 2024 · Series D · $400 million · Goldman Sachs

Products & services

• Credo Agrees to Acquire DustPhotonics, Accelerating Expansion into capability
• Silicon Photonics and Next Generation Optical Connectivity - Credo capability
• Technology Group Holding Ltd - Investor. Credo Agrees to Acquire capability
• DustPhotonics, Accelerating Expansion into Silicon Photonics and Next capability
• Generation Optical Connectivity - Credo Technology Group Holding Ltd - capability