Tech Company Financing Transactions
Lightsynq Technologies Funding Round
Cerberus Capital Management, IAG Capital Partners and In-Q-Tel invested in a $18 million Series A funding round for Lightsynq Technologies. The financing round was announced on 11/19/2024.
Transaction Overview
Company Name
Announced On
11/19/2024
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to build its quantum interconnect technology, which is based on color centers in diamond photonic devices, combining a quantum networking platform with scalable photonic fabrication.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1284 Soldiers Field Rd
Brighton, MA 02135
USA
Brighton, MA 02135
USA
Phone
Undisclosed
Website
Email Address
Overview
Lightsynq is developing universal optical quantum interconnects that bridge the gap to large-scale quantum computers. Our architecture is broadly compatible with leading quantum computing modalities, and leverages integrated diamond photonic circuits developed by our world-class team comprising decades of quantum technologies expertise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mihir Bhaskar
Chief Operating Officer
Nicholas Mondrik
Chief Scientific Officer
Johannes Borregaard
Chief Technical Officer
Bart Machielse
VP - Product Management
David Levonian
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