OpenLight Raises $50M Series A-1

OpenLight raised an additional $50 million in an oversubscribed Series A-1 round.

The round was led by Matter Venture Partners, with new and existing investors including Acclimate Ventures, Catapult Ventures, Xora Innovation, Capricorn Investment Group, Mayfield, and New Legacy.

Total funding now stands at $84 million, strengthening OpenLight’s silicon photonics chip design business.

The capital will help meet rising demand across AI, automotive, industrial, medical, and quantum applications.