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Lightmatter Stock (LIG)

Lightmatter provides a full stack of photonics-enabled hardware and software solutions that the company claims help reduce power consumption and increase performance.

Lightmatter is a photonic computing company that develops 3D-stacked photonic chips.

About Lightmatter Stock

Founded

2017

Headquarters

Mountain View, CA, US

Total Funding

867M

Industries

Hardware, Software, Data and Analytics

Lightmatter is a photonic computing company that develops methods for computer chips to communicate and perform calculations using silicon photonics. Lightmatter claims that its proprietary technology enables its photonics chips to move data, increasing AI cluster bandwidth and performance while reducing power consumption.  

Lightmatter was founded in 2017 and is headquartered in Mountain View, California. Notable investors include T. Rowe Price, Google Ventures and Viking Global Investors.    

Lightmatter Management

Leadership team at Lightmatter

Founder & CEO

Nicholas Harris

Chief Financial Officer

Simona Jankowski

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Lightmatter Key Facts

  • Lightmatter is a developer and seller of photonic technology that allows for significantly faster data transfer and processing compared to traditional electronic systems. With the increasing demands of high power computing and Artificial Intelligence, Lightmatter has a significant opportunity to take advantage of this market. 
  • Lightmatter claims to have over 150 patent filings on its technology potentially providing the company a competitive advantage over competitors. 
  • Lightmatter has made various strategic partners with major players in the space like  Amkor Technology, a provider of semiconductor packaging, and GlobalFoundries, a semiconductor manufacturer. 
  • The development of advanced photonic technology is very capital intensive and Lightmatter will likely require substantial future investments.
  •  Lightmatter has not publicly disclosed financials. Given this there is no guarantee of future profitability.
  • Lightmatter is in an industry dominated by traditional semiconductor technologies and as such will need to gain adoption by demonstrating its advanced technologies. 

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