Is a
Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
37,000,000
Announcement URL
Funding Round Date
September 23, 2024
HyperLight, a Cambridge-based provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), has raised $37 million in funding. The round was led by Summit Partners, with participation from Xora Innovation and Foothill Ventures. The funds will be used to accelerate product development and meet increasing customer demand. HyperLight's technology serves industries such as optical communications, AI/data centers, and high-performance computing. Summit Partners' Peter Chung will join the company's board of directors.
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