OpenLight, the world leader in custom Photonic Application-Specific Integrated Circuit (PASIC) design leveraging its patented heterogeneous silicon photonics process, has raised an additional $50 million in a Series A-1 round, bringing the company's total funding to $84 million. The financing reflects growing commercial momentum and accelerating customer adoption across AI infrastructure, automotive and industrial sensing, medical and quantum computing applications.

The oversubscribed round was led by Matter Venture Partners, with participation from new investors, Acclimate Ventures and Catapult Ventures, alongside existing investors, Xora Innovation, Capricorn Investment Group, Mayfield, and New Legacy.

OpenLight is the world leader in custom PASIC design.

OpenLight's world-leading PASiC technology, supported by its process design kit (PDK), integrates all active and passive components of silicon photonics devices into a single chip, enabling high-performance, energy-efficient photonics solutions across datacom, telecom, automotive, AI, and quantum computing applications and markets.