When was Lightsynq founded?

Lightsynq was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Lightsynq located?

Lightsynq is headquartered in Boston, United States.

Who is the current CEO of Lightsynq?

Mihir Bhaskar of Lightsynq. They have also founded 1 company.

Is Lightsynq a funded company?

Lightsynq is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 19, 2024.

When was the latest funding round of Lightsynq?

Lightsynq's latest funding was a $***** Series A round on Jan 06, 2025, with participation from 1 investor. Its primary sector is Quantum Computing. In United States, the Quantum Computing sector has seen $350M in funding in 2026 to date.

Where does Lightsynq rank among its competitors?

Lightsynq ranks 6th amongst 31 active competitors, of which 12 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was memQ, which secured $10M in Mar, 2026.

Who are the top competitors of Lightsynq?

Lightsynq's top competitors include Ayar Labs, Acacia and memQ. Among them, memQ secured the most recent funding round in March, 2026.

Lightsynq - 2026 Company Profile, Team, Funding & Competitors

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 31 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like Ayar Labs, Acacia and memQ.

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

Series A, Jan 06, 2025, $*****

Investors

Cerberus Capital Management & 6 more

Ranked

6^th among 31 active competitors

Similar Companies

Ayar Labs & 33 more

Exit Details

Acquired by IonQ (May 12, 2025)

View Lightsynq's full profile

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 got acquired by IonQ on May 12, 2025.

Click here to take a look at Lightsynq's acquisition in detail

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 7 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	7706082	Series A	8871938	5135786	2810064	7391090
Nov 19, 2024	8514548	Series A	1752602	4069670	Cerberus Capital Management	In-Q-Tel & 5 more

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View details of Lightsynq's funding rounds and investors

The 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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Top competitors of Lightsynq include Ayar Labs, Acacia and memQ. Here is the list of Top 10 competitors of Lightsynq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ayar Labs 2015, San Jose (United States), Series E	Developer of optical interconnect solutions for artificial intelligence infrastructure applications	$872M	Neuberger Berman, Founders Fund & 57 others	66/100
2nd	Acacia 2009, Maynard (United States), Acquired	Provider of high-speed coherent optical interconnect products	$20M	Summit Partners, Egan-Managed Capital & 2 others	61/100
3rd	memQ 2021, Chicago (United States), Series A	Provider of chip device technology services for quantum information storage and processing	$12.5M	Quantonation, Exposition Ventures & 11 others	61/100
4th	Avicena 2019, Sunnyvale (United States), Series B	Developer of microLED interconnects for high-bandwidth communication in AI data centers	$120M	Tiger Global Management, Cerberus Capital Management ... & 11 others	58/100
5th	Spectra7 2010, San Jose (United States), Acquired	Manufacturer of thinner optical semiconductor interconnects for display devices	$11M	Ventures West, Celtic House Venture Partners ... & 16 others	57/100
6th	Lightsynq 2024, Boston (United States), Acquired	Developer of optical quantum interconnects for quantum computers	$18M	Cerberus Capital Management, In-Q-Tel & 5 others	55/100
7th	LightSpeed Photonics 2021, Singapore (Singapore), Seed	Provider of optical interconnect solutions for data centers and edge computing applications	$6.5M	YourNest, pi Ventures & 12 others	52/100
8th	IPtronics 2003, Copenhagen (Denmark), Acquired	Integrated circuits for parallel optical interconnects	$10.4M	Sunstone, Creandum & 1 others	51/100
9th	Quintessent 2019, Santa Barbara (United States), Seed	Developer of optical connectivity solutions for scaling computing and artificial intelligence	$11.6M	Osage University Partners, Entrada Ventures ... & 4 others	42/100
10th	Netpreme 2024, Cambridge (United States), Series B	Developer of memory to compute networking solutions for AI infrastructure systems	$11.7M	E14 Fund	39/100