LightSolver, a Tel Aviv-based laser-based computing business, got $13.66 Million from the EIC Fund, including €2.5M in early grants and €10M in equity investments.
The company plans to utilize the money to grow faster in the high-performance computing (HPC) industry and to further the commercialization of its platform.
Drs. Ruti Ben-Shlomi and Chene Tradonsky founded LightSolver in 2020 with the goal of developing a pure laser-based processing unit (LPUTM) that can surpass supercomputers and quantum computing.
It operates at ambient temperature, is scalable, and requires little power thanks to the use of all-optical linked lasers, which eliminate the need for electronics in computation. This allows the device to be as compact as a conventional desktop computer.
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Workloads that can be expedited by LightSolver’s platform include computer-assisted engineering (CAE), bioscience computations, and intractable optimization problems.
“We’re humbled to join the rows of trailblazing startups in fields such as sustainability, MedTech, and space technology that have received funding from the EIC,” said LightSolver CEO and co-founder Ruti Ben-Shlomi, Ph.D. “The amount of energy consumed by computing globally has been growing exponentially and is becoming unsustainable, hence the need for a new computing paradigm. Our laser-based processor can tackle large and complex computations faster than GPUs. It is also much less environmentally demanding than quantum computers, requiring no vacuum or ultracold temperatures which means that it can live in a data center.”
TAL Ventures, Entree Capital, IBI Tech Fund, and Angular Ventures have all invested in LightSolver.
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The financing supports LightSolver’s goal of constructing the first all-optical supercomputer that is more energy-efficient than traditional computers, decreasing industrial carbon footprint and Total Cost of Computing. The startup will use EIC funds to commercialize its technology and grow in HPC.
It’s Laser Processing Unit™ (LPU) uses light’s inherent qualities to efficiently process compute-intensive tasks for industry and research. LightSolver accelerates CAE, bio-science computations, and difficult optimization problems.
About LightSolver
LightSolver created the first pure laser-based processing unit (LPU), a revolutionary computing paradigm that will exceed quantum and supercomputers. All-optical linked lasers compute without electronics, allowing this quantum-inspired technology to be as small as a desktop computer and offer unmatched scalability, low power, and room temperature operation. It uses well-known laser technology and commercial components.
