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Optalysys raises £23m in a Series A extension led by Northern Gritstone to challenge conventional computing with photonic chips

22 Jan 2026

Optalysys raises £23m in a Series A extension led by Northern Gritstone to challenge conventional computing with photonic chips

Optalysys builds photonic computing chips that process and move data using light, aiming to overcome power and performance limits of electronic computing for AI, encryption and next-generation cloud workloads.

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imec.xpand: Investment Portfolio & Startup News

Investment Portfolio

Optalysys raises £23m in a Series A extension led by Northern Gritstone to challenge conventional computing with photonic chips

More venture news

Boldr lands a £3.6m in funding led by Unconventional Ventures to turn home heating and cooling systems into grid capacity

Wordsmith AI raises a £10m Series B extension led by Intact Private Capital for its in-house legal AI platform

Edgify raises a £6.7m Series A+ round from Rank Ventures and Mangrove Capital Partners for edge AI that prevents in-store retail loss