HyperLight closes USD 37 million Series B
HyperLight closed a USD 37 million Series B led by Summit Partners to expand its thin-film lithium-niobate photonic integrated-circuit business.
Evidence notes
- Xora Innovation and Foothill Ventures joined the financing as existing investors.
- HyperLight said the capital would accelerate product development and help meet demand for bandwidth-efficient optical communications.
- The company had built a production-ready supply chain for TFLN photonics serving communications, industrial equipment and emerging photonics markets.
Company context
HyperLight develops production-grade thin-film lithium-niobate photonic integrated circuits and optical chiplets.