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Optalysys secures new funding for US expansion

As AI and cloud workloads continue to grow exponentially, conventional electronic computing is reaching its physical limits. Optalysys’ approach integrates data movement and processing on a single chip, to deliver immense computational power whilst reducing carbon footprint.

The company is developing a programmable, high-density layer designed to run compute-intensive workloads, including GenAI and post-quantum algorithms. One key application is fully homomorphic encryption (FHE), which enables data to be processed securely while remaining encrypted - an increasingly important capability for secure cloud and enterprise computing.

imec.xpand II led the Series A of Optalysys in 2023. This new financing underscores the position of the company as a leader in the field of optical compute. Expanding to the US is a natural next step, allowing the company to tap into the strong photonics ecosystem and the immense talent in Silicon Valley.

For the full press release, click here.