Lightmatter

Application Specific Semiconductors · Mountain View, CA · Founded 2017 · Privately Held (backing)

Developer of photonic computing and interconnect hardware designed for high-performance data processing and communication in AI infrastructure. Lightmatter is based in Mountain View, CA and was founded in 2017. It is valued at about $4.7 billion as of Oct 2026, set by secondary market price, up 5% since its Series D in Oct 2024. It has raised $822 million across 11 recorded rounds; the latest was a Series D in Dec 2025.

PMV mark · valuation
$4.7B
Oct 2026
Secondary market · $/share
$84
Total raised
$822.5M
Last round
Later Stage VC (Series D)
Dec 2025

Who backs Lightmatter?

42 investors
InvestorType
Sequoia CapitalVenture capital
Fidelity Management & Research CompanyAsset manager
MatrixVenture capital
Spark CapitalVenture capital
Viking Global InvestorsAsset manager
GVVenture capital
Calm VenturesVenture capital
SBXiVenture capital
AI Venture Labs—
Riverside VenturesVenture capital
+ 32 more investors · a free account shows the complete list
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Lightmatter investors

42 investors are on record for Lightmatter, including Sequoia Capital, Fidelity Management & Research Company, Matrix and Spark Capital. By type, the record holds 16 venture capital firms, 3 asset managers and 1 family office. The Series D in Dec 2025 drew 7 investors.

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