Lightelligence - About the company
Lightelligence is a series C company based in Boston (United States), founded in 2017 by Marin Soljacic, Shen Yichen and John Joannopoulos. It operates as a Developer of optical chips and software solutions for artificial intelligence based computing. Lightelligence has raised $247M in funding from investors like Zhen Fund, CICC and Matrix Partners China. The company has 289 active competitors, including 121 funded and 27 that have exited. Its top competitors include companies like Groq, Ambarella and Lightmatter.
Company Details
Lightelligence (a spin-off from MIT) is developing optical chips and software solutions for artificial intelligence based computing. The company aims to develop integrated photonics chips for processing and computing machine learning and deep learning algorithms. It claims that its products will have multiple features including high speed, low latency, and low power consumption. Partners include Baidu Ventures, MIT, and NVIDIA.
- Website
- www.lightelligence.ai
- Email ID
- *****@lightelligence.ai
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Boston, United States
Stage
Series C
Total Funding
$247M in 4 rounds
Latest Funding Round
Ranked
16th among 289 active competitors
Employee Count
73 as on Apr 30, 2026
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Lightelligence's funding and investors
Lightelligence has raised a total funding of $247M over 4 rounds. Its first funding round was on Feb 02, 2018. Its latest funding round was a Series C round on Sep 05, 2025 for $*****. 6 investors participated in its latest round. Lightelligence has 21 institutional investors.
Here is the list of recent funding rounds of Lightelligence:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 05, 2025 | 2931299 | Series C | 1068251 | 8075676 | 8763123 | 6348878 |
Jul 06, 2020 | 5226993 | Series A | 4202117 | 1498775 | 6923026 | 7659015 |
Apr 08, 2020 | 9892772 | Series A | 1795491 | 9650600 |
View details of Lightelligence's funding rounds and investors
Lightelligence's founders and board of directors
Founder? Claim ProfileThe founders of Lightelligence are Marin Soljacic, Shen Yichen and John Joannopoulos. Shen Yichen is the CEO of Lightelligence.
Here are the details of Lightelligence's key team members:
- Marin Soljacic: Co-Founder of Lightelligence and founder of 2 other companies, Lightelligence and WiTricity.
- Shen Yichen: Co-Founder & CEO of Lightelligence and founder of 1 other company.
- John Joannopoulos: Co-Founder of Lightelligence and founder of 1 other company. Contact Info: 1 email address
View details of Lightelligence's Founder profiles and Board Members
Lightelligence's employee count trend
Lightelligence has 73 employees as of Apr 26. Here is Lightelligence's employee count trend over the years:
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Lightelligence's Competitors and alternates
Top competitors of Lightelligence include Groq, Ambarella and Lightmatter. Here is the list of Top 10 competitors of Lightelligence, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Groq 2016, San Jose (United States), Series E | Provider of AI inference platforms and on-premise AI inference clusters | $1.75B | 72/100 | |
2nd | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 71/100 | |
3rd | Lightmatter 2017, Boston (United States), Series D | Developer of photonic interconnects and co-packaged optics for AI infrastructure | $850M | 70/100 | |
4th | Cerebras 2015, Sunnyvale (United States), Series H | Platform offering computing and artificial intelligence solutions | $2.55B | 70/100 | |
5th | Graphcore Systems 2016, United Kingdom, Acquired | Provider of processors and IPUs for enterprises | $767M | 68/100 | |
6th | Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 68/100 | |
7th | Black Sesame Technologies 2016, Pudong (China), Public | Developer of AI-based chips for machine vision tasks | $500M | 67/100 | |
8th | Axelera AI 2021, Eindhoven (Netherlands), Series C | Developer of hardware and software for edge artificial intelligence inference | $450M | 66/100 | |
9th | Optalysys 2013, Leeds (United Kingdom), Series A | Provider of AI-powered optical processing technology for big data applications | $63M | 66/100 | |
10th | SiMa.ai 2018, San Jose (United States), Series C | Developer of hardware and software platform for physical artificial intelligence | $355M | 65/100 | |
16th | Lightelligence 2017, Boston (United States), Series C | Developer of optical chips and software solutions for artificial intelligence based computing | $247M | 65/100 |
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Lightelligence's Investments and acquisitions
Lightelligence has made no investments or acquisitions yet.
Reports related to Lightelligence
Here is the latest report on Lightelligence's sector:
News related to Lightelligence
Media has covered Lightelligence for a total of 6 events in the last 1 year, 1 of them has been about company updates.
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Lightelligence Sets Record IPO Gain with 383% Surge on Hong Kong DebutCaixin Global•Apr 28, 2026•Lightelligence
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Optical Interconnect Maker Lightelligence Files for Hong Kong IPOCaixin Global•Mar 31, 2026•Lightelligence
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MIT Spin-off Lightelligence Secures $210 Million in Series C FundingCaproasia•Sep 07, 2025•Vertex Ventures, Baidu Venture Capital, China Guoxin Holding, China Merchants and 4 others
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Baidu-backed Lightelligence snags funding and more updatesDeal Street Asia•Jul 06, 2020•Lightelligence, Ctc Capital, Black & Veatch Holding Company, Matrix Partners and 4 others
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