LightSolver Overview
LightSolver has successfully harnessed the unique physical properties of light to develop and build the first pure laser-based processing unit (LPU), an innovative computing method that is poised to outpace and outperform quantum and supercomputers. It utilizes all-optical coupled lasers that require no electronics to compute, enabling it to be assmall as a traditional desktop computer while offering unrivaled scalability, low power requirements, and room temperature operation. Our design partners in the finance, logistics, manufacturing, and aerospace industry are using LightSolver to tackle NP-hard optimization problems.
Cumulative Funding Raised Over Time ($)
$10.9MAug 2024
$10.9MDec 2023
$10.9MNov 2023
$10.9MOct 2024
$10.9MSep 2020
Latest News
growth-positive
LightSolver Awarded €12.5M from the European Innovation Council to Advance its All-Optical Supercomputer
LightSolver, a company that has developed a new laser-based computing paradigm, has been selected for the European Innovation Council (EIC) Accelerator Program. The company will receive an initial grant of €2.5 million from the EIC Fund, along with a future equity investment of €10 million, totaling €12.5M. The funding will be used to advance the commercialization of its platform and accelerate its growth in the high-performance computing (HPC) sector. LightSolvers Laser Processing Unit (LPU) uses the natural properties of light to execute complex mathematical operations, providing a more energy-efficient solution for compute-intensive workloads.
Investment
LightSolver leverages 'quantum-inspired' laser processing tech
growth-positive
14. Ruti Ben Shlomi, CEO and Co-Founder at LightSolver
LightSolver, a company co-founded by Ruti Ben Shlomi and Chene Tradonsky, is building a new supercomputer based purely on lasers. The company, which operates in Tel Aviv with 30 employees, has built the worlds first quantum-inspired laser-based solver to provide solutions for complex optimization problems. Clients use LightSolvers cloud platform for computations that would be energy-intensive on traditional supercomputers. The company is set to release the Laser Processing Unit (LPU) 100, capable of 100 laser spins, and is working on scaling capacity and building a rack-size device. By 2024, LightSolver plans to extend its functionality to include computations used in AI and machine learning.
CustomersExpand
growth-positive
Overcoming the Limitations of Classical HPC and Quantum: A New Computational Method - High-Performance Computing News Analysis | insideHPC
LightSolver, a company co-founded by Ruti Ben-Shlomi, is developing a laser-based processing unit (LPU) that could potentially outperform both quantum and supercomputing in solving complex optimization problems. The LPU uses lasers to perform calculations, offering increased speed and improved accuracy. It is small, scalable, requires low power, and operates at room temperature. The LPU has shown promising results in solving complex optimization problems, exhibiting a two orders of magnitude improvement in speed compared to a powerful GPU. The company believes that the new LPU paradigm utilizing existing, proven laser technology is positioned to outpace both quantum and supercomputing in the coming years.
InvestmentExpand
growth-positive
LightSolver says lasers top classical, quantum for optimization - Inside Quantum Technology
Israeli company LightSolver has unveiled a pure laser-based processing unit (LPU), a new computing paradigm that it claims can outperform GPU-based supercomputers at optimization problems. The LPU, which is available as a software-as-a-service solution, uses all-optical coupled lasers that require no electronics to compute. This allows it to be as small as a traditional desktop computer while maximizing scalability, low power requirements, and room temperature operation. The company claims that its LPU has already proven its performance and accuracy in multiple published papers.
Customers
| Sector | Industrial Technologies |
Funding
| Total funding | $13.66M |
| Last funding | Undisclosed |
| Stage | Seed |
| Rounds | 6 |
| Investors | 8 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | lightsolver.com |
Locations
Yigal Alon Street 94, Tel Aviv-Yafo, Israel
Photos & Videos
No files yet
LightSolver Business
Business models
B2B
Product stage
Alpha
Employees
11-50
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
Energy, Utilities & Waste ManagementTransportation & LogisticsCommerce & RetailEnterprise & Professional ServicesDefense, Safety & SecurityIndustrial ManufacturingCore Technology
Quantum ComputingSensingOpticLaserTags (5)
enterprise-solutionshardwarequantum-computingopticslasersSolutions
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Use Cases
LightSolver Use CasesGeographic Markets
North AmericaEuropeLightSolver Financials
$13.66M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Seed
Funding stage
6
Total rounds
8
Investors
Cumulative Funding Raised Over Time ($)
$10.9MAug 2024
$10.9MDec 2023
$10.9MNov 2023
$10.9MOct 2024
$10.9MSep 2020
Private Equity Funding
SAFE
Oct 2024
Undisclosed
Artofin
Undisclosed Round
Aug 2024
$10.93M
EIC Accelerator
SAFE
Dec 2023
Undisclosed
Tal Ventures
Seed
Nov 2023
Undisclosed
Angular Ventures, Entrée Capital
Undisclosed Round
Sep 2020
Undisclosed
IBI Tech Fund (Lead)
,
Benny Schnaider, Entrée Capital, Prof. Meir Feder
Non-Equity Funding
GrantEvent
Aug 2024
$2.73M
EIC Accelerator
LightSolver Lifecycle
Cumulative Funding Raised Over Time
$10.9MAug 2024
$10.9MDec 2023
$10.9MNov 2023
$10.9MOct 2024
$10.9MSep 2020
All Events
SAFE
Oct 2024
Undisclosed
Artofin
Undisclosed Round
Aug 2024
$10.93M
EIC Accelerator
SAFE
Dec 2023
Undisclosed
Tal Ventures
Seed
Nov 2023
Undisclosed
Angular Ventures, Entrée Capital
Undisclosed Round
Sep 2020
Undisclosed
IBI Tech Fund (Lead)
,
Benny Schnaider, Entrée Capital, Prof. Meir Feder
GrantEvent
Aug 2024
$2.73M
EIC Accelerator
LightSolver News
6 articles
growth-positive
LightSolver Awarded €12.5M from the European Innovation Council to Advance its All-Optical Supercomputer
LightSolver, a company that has developed a new laser-based computing paradigm, has been selected for the European Innovation Council (EIC) Accelerator Program. The company will receive an initial grant of €2.5 million from the EIC Fund, along with a future equity investment of €10 million, totaling €12.5M. The funding will be used to advance the commercialization of its platform and accelerate its growth in the high-performance computing (HPC) sector. LightSolvers Laser Processing Unit (LPU) uses the natural properties of light to execute complex mathematical operations, providing a more energy-efficient solution for compute-intensive workloads.
Investment
LightSolver leverages 'quantum-inspired' laser processing tech
growth-positive
14. Ruti Ben Shlomi, CEO and Co-Founder at LightSolver
LightSolver, a company co-founded by Ruti Ben Shlomi and Chene Tradonsky, is building a new supercomputer based purely on lasers. The company, which operates in Tel Aviv with 30 employees, has built the worlds first quantum-inspired laser-based solver to provide solutions for complex optimization problems. Clients use LightSolvers cloud platform for computations that would be energy-intensive on traditional supercomputers. The company is set to release the Laser Processing Unit (LPU) 100, capable of 100 laser spins, and is working on scaling capacity and building a rack-size device. By 2024, LightSolver plans to extend its functionality to include computations used in AI and machine learning.
CustomersExpand
growth-positive
Overcoming the Limitations of Classical HPC and Quantum: A New Computational Method - High-Performance Computing News Analysis | insideHPC
LightSolver, a company co-founded by Ruti Ben-Shlomi, is developing a laser-based processing unit (LPU) that could potentially outperform both quantum and supercomputing in solving complex optimization problems. The LPU uses lasers to perform calculations, offering increased speed and improved accuracy. It is small, scalable, requires low power, and operates at room temperature. The LPU has shown promising results in solving complex optimization problems, exhibiting a two orders of magnitude improvement in speed compared to a powerful GPU. The company believes that the new LPU paradigm utilizing existing, proven laser technology is positioned to outpace both quantum and supercomputing in the coming years.
InvestmentExpand
growth-positive
LightSolver says lasers top classical, quantum for optimization - Inside Quantum Technology
Israeli company LightSolver has unveiled a pure laser-based processing unit (LPU), a new computing paradigm that it claims can outperform GPU-based supercomputers at optimization problems. The LPU, which is available as a software-as-a-service solution, uses all-optical coupled lasers that require no electronics to compute. This allows it to be as small as a traditional desktop computer while maximizing scalability, low power requirements, and room temperature operation. The company claims that its LPU has already proven its performance and accuracy in multiple published papers.
Customers
growth-positive
הדוקטורים שרצו לפתח את המחשב המהיר בעולם ובינתיים...
Israeli start-up LightSolver, founded by Dr. Ruthi Ben Shlomi and Dr. Chen Tradonsky, has developed a powerful optical computer based on laser beams. The company recently outperformed tech giants such as Fujitsu, Toshiba, and D-Wave in a computational challenge set by researchers from the University of Southern California. LightSolvers computer was able to solve a problem with 16,000 variables, significantly more than its competitors. The company has raised $10 million in seed funding and employs 20 staff, all with PhDs. Customers include Rafael and NEC.
InvestmentCustomers
LightSolver Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 32 |
| Team members | 3 |
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LightSolver Internal
Recent Updates
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Admin Info
| Confidence | 90/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Yotam Maman |
| Registrar ID | 516117439 |
| Phone | 0545333032 |
| Creator | Hilla Gorokhovsky |
| Creator email | hilla.gorokhovsky@sncentral.org |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2023-12-21T00:00:00.000Z |
| Created | 2020-03-23T00:00:00.000Z |
| Claimed | Yes |