Tech Company Financing Transactions
OpenLight Funding Round
On 4/28/2026, OpenLight announced $50 million in Series A funding from Matter Ventures, Capricorn Investment Group and Catapult Ventures.
Transaction Overview
Company Name
Announced On
4/28/2026
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate advancement of its broad III-V heterogeneous integration platform, including leading-edge 400G modulators and on-chip laser and optical amplifier technology.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
6868 Cortona Drive C
Goleta, CA 93117
USA
Goleta, CA 93117
USA
Phone
Website
Email Address
Overview
OpenLight's PASIC technology integrates all the components of silicon photonics devices into one photonic integrated circuit. The active components, such as lasers, modulators and optical amplifiers are coupled within the silicon photonics chip to 'passive' components, such as waveguides, splitters and receivers. They are all integrated into the same silicon photonics chip and only require coupling out of the chip for integration into their intended application. This single chip concept vastly reduces manufacturing and assembly costs, by removing less reliable manufacturing processes altogether, such as aligning external lasers to waveguides.
Management Team
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