Funding Round Overview

Lightmatter announced a Series D round on May 1, 2024 totaling $400,000,000 led by GV. Photonic AI chip startup Lightmatter raised $400 million Series D at $4.4 billion valuation. $400M Series D at $4.4B valuation.

Deal Highlights

• Capital involved: $400,000,000.
• Round: Series D.
• Investors: GV, a16z, SoftBank.

Company and Sector Context

Lightmatter builds in the ai chips & hardware sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $400M Series D at $4.4B valuation. In ai chips & hardware, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in ai chips & hardware continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Lightmatter for continued growth in the ai chips & hardware landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.