Optalysys background
back to overview

Portfolio Company News

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 integrates data movement and processing on a single chip, enabling immense computational power whilst reducing carbon footprint.

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

imec.xpand II led Optalysys' Series A in 2023. This new financing further reinforces the company's position as a leader in optical computing. 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.