Company Overview
Snapshot
Founded in January 2020 by Ruti Ben Shlomi and Chene Tradonsky, LightSolver operates with 11–50 employees. The company has raised a total of $13.66M across 6 funding rounds from 8 investors. In August 2024, LightSolver was awarded €12.5M from the European Innovation Council to advance its all-optical supercomputer.
Business overview
LightSolver develops an innovative computing method using a pure laser-based processing unit (LPU) that leverages the physical properties of light. This technology aims to surpass the performance of quantum and supercomputers for complex optimization problems. The company's all-optical coupled lasers operate without electronics, allowing for a compact, desktop-sized form factor with scalability, low power consumption, and room temperature operation. LightSolver serves design partners in finance, logistics, manufacturing, and aerospace industries, focusing on tackling NP-hard optimization challenges.
Strategic signal
In August 2024, LightSolver secured a significant €12.5M award from the European Innovation Council to further develop its all-optical supercomputer. This substantial grant validates the company's laser-based computing approach as a promising alternative to classical and quantum methods, signaling strong institutional confidence in its potential to address complex optimization problems across various industries.
Log in to access full profile ›Company Intelligence Q&A
- What is LightSolver's core technology?
- LightSolver has developed the first pure laser-based processing unit (LPU), an all-optical coupled laser system that requires no electronics to compute. This technology is designed to solve NP-hard optimization problems and aims to outperform traditional quantum and supercomputers.
- When was LightSolver founded and by whom?
- LightSolver was founded in January 2020 by Co-founder & CEO Ruti Ben Shlomi and Co-founder & CTO Chene Tradonsky.
- What significant funding did LightSolver receive in August 2024?
- In August 2024, LightSolver was awarded €12.5M from the European Innovation Council to advance its all-optical supercomputer, as reported by GlobeNewswire.
- Which investors participated in LightSolver's September 2020 funding round?
- In September 2020, LightSolver received funding from IBI Tech Fund and Benny Schnaider.
- What is the primary application of LightSolver's technology?
- LightSolver's technology is primarily used by design partners in finance, logistics, manufacturing, and aerospace industries to tackle NP-hard optimization problems, enhancing operational efficiency and strategic decision-making.