SIP Global Partners, a US-Japan VC firm investing in early-stage decarbonization technology, announced today its investment in Lightmatter, the leader in photonics, as part of the company's latest funding round following its lead investment in the previous funding round.

Lightmatter has raised more than $420M to-date and is valued at over $1.2B.

Lightmatter is leading the revolution of computing, reducing impact on our planet, and enabling the next giant leaps in human progress. With the company's photonics-enabled technologies, Lightmatter has reinvented how chips communicate and calculate. Its photonic interconnect and compute products simultaneously reduce the power consumption and increase the performance of silicon running the most advanced AI and HPC workloads.