Lightsynq - About the company
Lightsynq is an acquired company based in Boston (United States), founded in 2024 by Mihir Bhaskar, David Levonian and Bart Machielse. It operates as a Developer of optical quantum interconnects for quantum computers. Lightsynq has raised $18M in funding from Cerberus Capital Management. The company has 40 active competitors, including 16 funded and 4 that have exited. Its top competitors include companies like Acacia, Ayar Labs and Nu Quantum.
Company Details
Developer of optical quantum interconnects for quantum computers. It provides users with a quantum interconnect company developing universal optical quantum interconnects to bridge the gap to large-scale quantum computers. The company's technology aims to address key challenges related to qubit scaling, enabling scalable quantum computing.
- Website
- www.lightsynq.com
- Email ID
- *****@lightsynq.com
Key Metrics
Founded Year
2024
Location
Boston, United States
Stage
Acquired
Total Funding
$18M in 2 rounds
Latest Funding Round
Investors
Ranked
8th among 40 active competitors
Exit Details
Acquired by IonQ (May 12, 2025)
Legal entities associated with Lightsynq
Lightsynq is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LIGHTSYNQ TECHNOLOGIES INC. CIN: 3030112 , United States, Active | Jan 31, 2024 | - | - | - |
Lightsynq's acquisition details
Lightsynq got acquired by IonQ on May 12, 2025.
Click here to take a look at Lightsynq's acquisition in detail
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Lightsynq's funding and investors
Lightsynq has raised a total funding of $18M over 2 rounds. Its first funding round was on Nov 19, 2024. Its latest funding round was a Series A round on Jan 06, 2025 for $*****. 1 investor participated in its latest round. Lightsynq has 9 institutional investors.
Here is the list of recent funding rounds of Lightsynq:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 06, 2025 | 6838878 | Series A | 4327446 | 1341277 | 9101612 | 1999964 |
Nov 19, 2024 | 4260629 | Series A | 7156896 | 1922864 |
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Lightsynq's founders and board of directors
Founder? Claim ProfileThe founders of Lightsynq are Mihir Bhaskar, David Levonian and Bart Machielse. Mihir Bhaskar is the CEO of Lightsynq.
Here are the details of Lightsynq's key team members:
- Mihir Bhaskar: Co-Founder & CEO of Lightsynq. Contact Info: 3 email addresses
- David Levonian: Co-Founder & CPO of Lightsynq.
- Bart Machielse: Co-Founder & CTO of Lightsynq.
View details of Lightsynq's Founder profiles and Board Members
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Lightsynq's Competitors and alternates
Top competitors of Lightsynq include Acacia, Ayar Labs and Nu Quantum. Here is the list of Top 10 competitors of Lightsynq, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1591169322455.png?devicePixelRatio=2&height=30&width=30){kind=logo} Acacia 2009, Maynard (United States), Acquired | Provider of high-speed coherent optical interconnect products | $20M | 67/100 | |
2nd |  Ayar Labs 2015, San Jose (United States), Series E | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | $872M | 66/100 | |
3rd |  Nu Quantum 2018, Cambridge (United Kingdom), Series A | Developer of photonic quantum networking hardware | $72.1M | 65/100 | |
4th |  memQ 2021, Chicago (United States), Series A | Provider of chip device technology services for quantum information storage and processing | $12.5M | 61/100 | |
5th |  Avicena 2019, Sunnyvale (United States), Series B | Developer of microLED interconnects for high-bandwidth communication in AI data centers | $120M | 58/100 | |
6th | Spectra7 2010, San Jose (United States), Acquired | Manufacturer of thinner optical semiconductor interconnects for display devices | $11M | 57/100 | |
7th | Delft Circuits 2016, Delft (Netherlands), Series A | Provider of flexible microprocessors for quantum computing | $6.76M | 55/100 | |
8th |  Lightsynq 2024, Boston (United States), Acquired | Developer of optical quantum interconnects for quantum computers | $18M | 55/100 | |
9th | Integrated circuits for parallel optical interconnects | $10.4M | 51/100 | ||
10th |  Welinq 2022, Paris (United States), Seed | Provider of quantum networking solutions for scalable quantum computing | $5.43M | 50/100 |
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Lightsynq's Investments and acquisitions
Lightsynq has made no investments or acquisitions yet.
Reports related to Lightsynq
Here is the latest report on Lightsynq's sector:
News related to Lightsynq
Media has covered Lightsynq for 1 event in last 1 year.
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IonQ Completes LightSynq Acquisition with $492.7 Million Stock ConsiderationQuantum Computing Report•Jun 04, 2025•Lightsynq, IonQ
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IONQ Acquires Lightsynq... Strengthening Quantum Technology Capabilities
Investing•May 08, 2025•IonQ, Lightsynq
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Lightsynq’s $18 Million Series A Funding RoundGlobal Legal Chronicle•Dec 12, 2024•Lightsynq, Wilson Sonsini Goodrich & Rosati
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Lightsynq Comes Out of Stealth with $18M in Series A Funding to Scale Quantum ComputingBusiness Wire•Nov 19, 2024•Lightsynq, Cerberus Capital Management, Murata, IAG Capital Partners and 4 others
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