SIP Global Partners and Aliya Capital Partners led a $154m Series C round in Lightmatter.

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.