OpenLight raises $50M
Photonic chip firm secures new funding to scale PIC development and advance high-speed optical technologies.
OpenLight, a photonic integrated circuit (PIC) design and manufacturing company, has secured $50 million in a Series A-1 funding round led by Matter Venture Partners, bringing its total funding to $84 million.
The new capital will be used to expand OpenLight’s product roadmap, scale its commercial operations, and enhance technical support for its growing customer base.
A key focus will be accelerating development of standards-based photonic integrated circuits at 1.6T and 3.2T data rates, targeting next-generation data centre and telecom applications.
OpenLight also plans to expand its process design kit (PDK), which already includes a wide range of active and passive photonic components, including integrated lasers, modulators, amplifiers, and detectors.
Notably, the company’s platform leverages heterogeneous integration of indium phosphide (InP) with silicon photonics, enabling high-performance on-chip laser functionality.
The company reports that more than 25 customers are currently using its PDK to develop application-specific PICs across multiple markets.
Built on a manufacturing process validated by Tower Semiconductor, the platform aims to streamline photonic chip design while improving performance and scalability.
With over 410 patents covering its technology, OpenLight is positioning itself as a key enabler of high-speed optical interconnects as demand for bandwidth continues to rise.
The funding underscores growing investor confidence in photonic technologies as critical infrastructure for AI, cloud computing, and next-generation communications.
