Announced
Completed
Financials
Tags
Computer Hardware
United States
Single Bidder
Venture Capital
Friendly
Completed
Cross Border
Minority
Private Equity
high-performance computing
photonic processors
Acquisition
Private
Synopsis
SIP Global Partners, a US-Japan VC firm investing in early-stage decarbonization technology, and Aliya Capital Partners, a multi-family office based in Miami, led a $154m Series C round in Lightmatter, a computer hardware manufacturer. "Lightmatter’s unique approach to harnessing the power of photonics will drive the enormous compute required for generative AI. The massive global growth in these technologies and use cases is at the forefront of this absolutely essential paradigm shift. We are especially excited to see LM’s early entry into the Japanese market. We expect them to play a leading role as Japanese AI use cases grow exponentially," Jeffrey Smith, SIP Global Partners General Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.