LightSolver

Company Overview

Snapshot

Founded in January 2020 by Ruti Ben Shlomi and Chene Tradonsky, LightSolver operates with 11–50 employees. The company has raised $13.66M across 6 funding rounds from 8 investors. In August 2024, LightSolver was awarded €12.5M from the European Innovation Council to advance its all-optical supercomputer.

Business overview

LightSolver develops an innovative computing method using a pure laser-based processing unit (LPU) that leverages the physical properties of light. This technology aims to surpass the performance of quantum and supercomputers for complex optimization problems. The LPU utilizes all-optical coupled lasers, eliminating the need for electronics, resulting in a compact, scalable, low-power, and room-temperature operational device. LightSolver serves design partners in the finance, logistics, manufacturing, and aerospace industries, addressing NP-hard optimization challenges.

Strategic signal

In August 2024, LightSolver secured a significant €12.5M award from the European Innovation Council to further develop its all-optical supercomputer. This substantial grant validates the company's innovative laser-based processing unit (LPU) technology and signals strong institutional confidence in its potential to disrupt the high-performance computing landscape by offering a scalable and energy-efficient solution for complex optimization problems.

Company Intelligence Q&A

What significant funding did LightSolver receive in August 2024?

In August 2024, LightSolver was awarded €12.5M from the European Innovation Council to advance its all-optical supercomputer.

Which investors participated in LightSolver's September 2020 funding round?

In September 2020, LightSolver received funding from IBI Tech Fund and Benny Schnaider.

What was a key strategic development for LightSolver in November 2023?

In November 2023, LightSolver secured funding from Angular Ventures.

What is LightSolver's core technological innovation?

LightSolver has developed the first pure laser-based processing unit (LPU), an all-optical coupled laser system designed to solve NP-hard optimization problems without electronics, offering scalability and room-temperature operation.

What was the focus of news coverage for LightSolver in April 2024?

In April 2024, news highlighted LightSolver's leveraging of 'quantum-inspired' laser processing technology.