Lightium Secures $7M Funding to Tackle AI-Driven Data Center Growth

📅 September 19, 2024 - Swiss photonics company Lightium has raised $7 million in seed funding to enhance data center performance and reduce energy consumption through its innovative Thin-Film Lithium Niobate (TFLN) Photonic Integrated Circuits (PICs). The funding round, led by Vsquared Ventures and Lakestar, aims to accelerate the commercialization of Lightiums foundry services, bringing production-grade TFLN technology to market on an industrial scale.

Lightium was founded by MIT professor Dirk Englund and co-founders Drs. Amir Ghadimi and Frdric Loizeau, making it the first company to develop and manufacture TFLN-based photonic devices at a commercial scale. The companys breakthrough would come at a critical [...][... Check source for end of article ...]

Tags: Data Center

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