xLight

Palo Alto, CA · Founded 2021 · Privately Held (backing)

Developer of advanced light sources designed for semiconductor manufacturing. xLight is based in Palo Alto, CA and was founded in 2021. It has raised $40 million across 2 recorded rounds; the latest was a $40.6 million early-stage round in Jun 2024.

Last price · $/share
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Implied valuation
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Total raised
$40.0M
Last round
Early Stage VC
Jun 2024

xLight key facts

  • Developer of advanced light sources designed for semiconductor manufacturing.
  • It has raised $40.0M across 2 recorded rounds; the latest was Early Stage VC ($40.6M) in Jun 2024.
  • Notable investors include Alchemist Accelerator, IAG Capital Partners, Playground Global, Open Field Capital, Lam Capital — 12 tracked in total.
  • xLight has filed 2 Form Ds with the SEC, most recently Aug 2025 ($11.0M sold to 11 investors).
  • Status: Privately Held (backing).
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xLight funding rounds

2 rounds
Jun 2024Early Stage VC$40.6MSEC filing▮
Dec 2022Early Stage VC$11.0MSEC filing▮

How much has xLight raised?

xLight has raised $40 million across 2 recorded rounds since 2022. The largest was a $40.6 million early-stage round in Jun 2024.

xLight has filed 2 Form Ds with the SEC, most recently in Aug 2025 ($11 million sold to 11 investors).

xLight investors

12 investors are on record for xLight, including Alchemist Accelerator, IAG Capital Partners, Playground Global and Open Field Capital. By type, the record holds 4 venture capital firms and 1 hedge fund. The early-stage round in Jun 2024 drew 14 investors.

About xLight

Developer of advanced light sources designed for semiconductor manufacturing. The company produces programmable light characteristics and reduces power and water usage by up to eight times per wafer, enabling businesses to optimize patterning, productivity, and yield, while reducing capital and operating expenses.

Sector
Information Technology
HQ
Palo Alto, CA, United States
Founded
2021
Employees
31
Ownership
Privately Held (backing)

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Valuation — not yet priced

xLight doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.

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