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OpenLight Raises $34M Series A to Scale Next-Gen Integrated Photonics for AI Data Centers

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OpenLight, a leader in custom Photonic Application-Specific Integrated Circuit (PASIC) design, has secured a $34 million Series A funding round co-led by Xora Innovation and Capricorn Investment Group. The company, transitioning from a Synopsys subsidiary, specializes in heterogeneous integration of indium phosphide and silicon photonics.

The company's Process Design Kit (PDK), protected by over 360 patents, provides customers with a comprehensive library of photonic components. The PDK is validated at Tower Semiconductor foundry and is currently utilized by over 20 companies. The funding will support PDK library expansion, development of standard-based reference PICs at 1.6Tb/s and 3.2Tb/s, and team scaling for customer production support.

OpenLight, azienda leader nella progettazione su misura di Photonic Application-Specific Integrated Circuit (PASIC), ha ottenuto un finanziamento Serie A da 34 milioni di dollari co-guidato da Xora Innovation e Capricorn Investment Group. La società, in fase di transizione da una controllata Synopsys, è specializzata nell'integrazione eterogenea di fosfuro di indio e fotonica su silicio.

Il loro Process Design Kit (PDK), tutelato da più di 360 brevetti, offre ai clienti una libreria completa di componenti fotonici. Il PDK è convalidato presso lo stabilimento Tower Semiconductor ed è già impiegato da oltre 20 aziende. I fondi saranno destinati all'ampliamento della libreria PDK, allo sviluppo di PIC di riferimento basati su standard a 1,6Tb/s e 3,2Tb/s e all'aumento del team per supportare la produzione dei clienti.

OpenLight, líder en el diseño personalizado de Photonic Application-Specific Integrated Circuit (PASIC), ha asegurado una ronda de financiación Serie A de 34 millones de dólares copresidida por Xora Innovation y Capricorn Investment Group. La compañía, que se está separando de una filial de Synopsys, se especializa en la integración heterogénea de fosfuro de indio y fotónica en silicio.

Su Process Design Kit (PDK), protegido por más de 360 patentes, brinda a los clientes una biblioteca integral de componentes fotónicos. El PDK está validado en la fundición Tower Semiconductor y ya lo usan más de 20 empresas. Los fondos se emplearán para ampliar la biblioteca PDK, desarrollar PICs de referencia basados en estándares a 1,6Tb/s y 3,2Tb/s y ampliar el equipo para apoyar la producción de los clientes.

OpenLight� 맞춤� 광학 애플리케이션 특화 집적회로(PASIC) 설계 분야� 선두 기업으로, Xora Innovation� Capricorn Investment Group� 공동 주도� 3400� 달러 규모� 시리� A 투자� 확보했습니다. Synopsys� 자회사에� 분리 중인 � 회사� 인듐 인화�(인듐 포스파이�)� 실리� 포토닉스� 이종 통합� 전문으로 합니�.

360건이 넘는 특허� 보호되는 자사� 프로세스 설계 키트(PDK)� 고객에게 포토� 구성요소� 포괄적인 라이브러리를 제공합니�. � PDK� Tower Semiconductor 파운드리에서 검증되었으� 현재 20� 이상� 기업에서 사용 중입니다. 이번 자금은 PDK 라이브러� 확장, 표준 기반� 1.6Tb/s � 3.2Tb/s 참조 PIC 개발, 그리� 고객 생산 지원을 위한 인력 확충� 사용� 예정입니�.

OpenLight, spécialiste du design sur mesure de Photonic Application-Specific Integrated Circuits (PASIC), a obtenu un financement de série A de 34 millions de dollars co-dirigé par Xora Innovation et Capricorn Investment Group. L'entreprise, en cours de transition depuis une filiale de Synopsys, est spécialisée dans l'intégration hétérogène d'indium phosphide et de photonique sur silicium.

Son Process Design Kit (PDK), protégé par plus de 360 brevets, fournit aux clients une bibliothèque complète de composants photoniques. Le PDK est validé chez le fondeur Tower Semiconductor et est actuellement utilisé par plus de 20 entreprises. Les fonds serviront à étendre la bibliothèque PDK, développer des PIC de référence basés sur des standards à 1,6Tb/s et 3,2Tb/s, et à renforcer les effectifs pour soutenir la production des clients.

OpenLight, ein führendes Unternehmen im kundenspezifischen Design von Photonic Application-Specific Integrated Circuits (PASIC), hat eine Series-A-Finanzierung in Höhe von 34 Millionen US-Dollar gesichert, die von Xora Innovation und Capricorn Investment Group mitgeführt wird. Das Unternehmen, das sich von einer Synopsys-Tochter lossagt, ist auf die heterogene Integration von Indiumphosphid und Siliziumphotonic spezialisiert.

Das Process Design Kit (PDK) des Unternehmens, geschützt durch über 360 Patente, stellt Kunden eine umfassende Bibliothek photonischer Bauteile zur Verfügung. Das PDK ist in der Tower Semiconductor Foundry validiert und wird derzeit von mehr als 20 Unternehmen verwendet. Die Finanzierung dient der Erweiterung der PDK-Bibliothek, der Entwicklung standardbasierter Referenz-PICs mit 1,6Tb/s und 3,2Tb/s sowie dem Ausbau des Teams zur Unterstützung der Kundenproduktion.

Positive
  • Secured significant $34M Series A funding round
  • Strong intellectual property portfolio with over 360 patents
  • PDK already adopted by more than 20 companies
  • Strategic partnerships with major industry players including HPE/Juniper Networks
  • Validated manufacturing process through Tower Semiconductor foundry
Negative
  • Transitioning from established parent company (Synopsys) to independent venture-backed status carries execution risks
  • Operating in highly competitive AI/data center market with established players

Insights

OpenLight's $34M funding accelerates silicon photonics adoption in AI data centers with HPE-owned Juniper as investor.

OpenLight's $34 million Series A funding represents a significant milestone in the integrated photonics sector. The company's transition from a Synopsys subsidiary to an independent venture-backed entity positions it to capitalize on the growing demand for optical interconnects in AI data centers. What makes OpenLight particularly valuable is their heterogeneous integration approach combining indium phosphide with silicon photonics—a technical breakthrough that enables on-chip lasers, modulators, amplifiers, and detectors in a single platform.

The investment syndicate is strategically composed of players with deep semiconductor expertise, including Juniper Networks (now part of HPE), which signals industry confidence in OpenLight's technology. The mention of over 360 patents covering their PDK and manufacturing processes provides robust intellectual property protection, creating significant barriers to entry for competitors.

From a technical perspective, OpenLight's foundry-validated PDK at Tower Semiconductor is a crucial differentiator. By providing pre-validated building blocks, they dramatically reduce development risks and accelerate time-to-market for customers—a critical advantage in the fast-moving AI infrastructure space. The company's focus on scaling to 1.6Tb/s and 3.2Tb/s reference PICs aligns perfectly with the exponential bandwidth demands of modern AI workloads.

For HPE, Juniper's investment represents a strategic position in the optical interconnect supply chain that will become increasingly critical as AI workloads continue to drive data center architectures toward photonics-based solutions. While OpenLight remains an independent company, this investment relationship could potentially give HPE early access to cutting-edge optical interconnect technologies that address the growing power and bandwidth bottlenecks in traditional electrical interconnects.

  • Series A co-led byXora Innovation and Capricorn marks OpenLight's transition from a Synopsys subsidiary to a high-velocity, venture-backed company
  • Covered by more than 360 patents, OpenLight's PDK gives customers access to a library of passive and active components
  • Foundry-validated PDK accelerates time-to-market and enables scaled manufacturing of heterogeneously integrated III-V photonics

SANTA CLARA, Calif., Aug. 26, 2025 /PRNewswire/ -- ,a leader in custom Photonic Application-Specific Integrated Circuit (PASIC) chip design and manufacturing based on heterogeneous integration, today announced the close of its oversubscribed $34M Series A. The round is co-led by Xora Innovation and Capricorn Investment Group. Other participants include Mayfield; Juniper Networks, now part of HPE; Lam Capital, the corporate venture arm of Lam Research Corporation; New Legacy Ventures; and K2 Access.

This round of financing completes OpenLight's transition from a Synopsys subsidiary to a high-velocity, venture-backed company positioned to address the growing demand for faster and more energy-efficient data movement in AI data center networks. As the shift from electrical to optical interconnects accelerates to support AI-scale workloads, integrated photonics is emerging as a core enabler of next-generation data center infrastructure. Additional applications for OpenLight's technology include telecom, automotive and industrial sensing, IoT sensing, healthcare and quantum computing.

OpenLight's Process Design Kit (PDK), based on the heterogeneous integration of indium phosphide and silicon photonics, gives customers access to a library of passive and active components covering integrated lasers, modulators, amplifiers and detectors. This PDK has been validated at the leading photonics foundry, Tower Semiconductor, ensuring designs are production-ready from day one. This enables customers to create custom PASICs using proven building blocks, simplifying advanced chip development and accelerating time-to-market. OpenLight currently holds more than 360 patents covering its PDK and the manufacturing of heterogeneously integrated III-V photonics. The OpenLight PDK is already being used by over 20 companies to design and fabricate PASICs across a wide spectrum of applications.

With the new capital injection, OpenLight will expand its PDK library of active and passive photonics components, including its leading-edge 400Gb/s modulator and indium phosphide heterogeneously integrated on-chip laser technology. OpenLight will also ramp up its standard-based reference PICsat 1.6Tb/s and 3.2Tb/s to provide customers with the most flexible and leading-edge component design library available in the market. In addition, the company will scale its team to support customers as they transition to volume production over the next 12 months.

"As we enter this next phase of our company's growth, we are excited to be adding such strong investors with deep roots and expertise in the semiconductor and photonics industry," said Dr. Adam Carter, CEO of OpenLight. "With this strong syndicate of investors, we can push the boundaries of innovation and deliver transformative solutions to our customers. This funding will allow us to scale our operations, deepen our R&D efforts and bring our groundbreaking products to market faster. We believe heterogeneous integrated silicon photonics will transform the way data is processed and transmitted, and we're excited to be at the forefront of this revolution."

"Xora has conviction that the field of photonics is going to see exponential growth in the coming years, and III-V heterogeneous integration is one of the foundational capabilities that will enable this growth," said Phil Inagaki, Managing Partner & Chief Investment Officer, Xora. "We see OpenLight not only as a technology leader in this field, but also as a company positioned to quickly scale manufacturing with foundry partners. One of the critical challenges for the photonics industry in the back half of this decade will be achieving scale, and we see OpenLight's PDK as an important part of the solution."

"Optical connectivity in data centers has become critical for next-generation scale-up and scale-out AI architectures. OpenLight's heterogeneous integration delivers on all three axes of performance, reliability and cost, which will enable the explosive growth of optical IO," said Dipender Saluja, Managing Partner at Capricorn's Technology Impact Funds."With the industry's leading team, open PDKs, strong foundry and customer relationships, OpenLight is best positioned to meet the scale of demand that is needed for next-generation AI hardware."

About OpenLight
OpenLight is the world leader in custom PASIC design. OpenLight's PASIC technology integrates all the components of silicon photonics devices, both active and passive components, into one chip. Our executive and engineering teams deliver the world's first open silicon photonics platform with integrated lasers, modulators, amplifiers and detectors to improve the performance, power efficiency and reliability of designs for datacom, AI, high-performance computing, telecom, automotive and industrial sensing, IoT sensing, healthcare and quantum computing applications. With over 360 patents, OpenLight is bringing optical solutions to places it has never been before and enabling technologies and innovation that weren't previously possible. The company is headquartered in Santa Barbara, California, with offices in Silicon Valley. Read more at .

About Xora Innovation
Xora provides capital and commitment to exceptional entrepreneurs transforming essential industries and powering the AI revolution. The firm invests across three key sectors: Compute & Communications, Energy and AI in Physical Industries. Xora supports its portfolio companies for the long term through its expertise and by leveraging the extensive network of its anchor LP,Temasek. For more information, visit .

About Capricorn's Technology Impact Fund
The Technology Impact Fund (TIF) is a venture capital partnership that invests in companies developing and scaling novel engineering-based solutions to global challenges. TIF's investment process is grounded in comprehensive perspectives on long-term, global trends in technology, transportation, power, storage, efficiency, semiconductors, aerospace, sensors, earth data and analytics. TIF is an early investor in iconic companies including Tesla, Joby Aviation, SpaceX, QuantumScape, Redwood, Planet Labs, Saildrone, Helion, Nuvia, Innovium, and Raxium.

Capricorn Investment Group is an investment firm founded to demonstrate that it is possible to invest profitably while driving sustainable positive change. Capricorn manages about $12B in assets for investors who strive for extraordinary investment results by leveraging market forces to accelerate large scale impact.
Learn more at

About Mayfield
Mayfield partners with founders from day zero who see limitless possibilities where others see constraints. Drawing on our 55-year legacy of company building and people-first philosophy, we bring founder-to-founder expertise because we've built and scaled companies ourselves. We don't just write checks � founders say our unwavering commitment sets us apart. We've celebrated over 120 IPOs and 225+ acquisitions, including breakthrough companies like HashiCorp, Lyft, Mammoth Biosciences, Marketo, Nuvia, Poshmark, ServiceMax and SolarCity. From our Silicon Valley home, with $3 billion in assets under management, Mayfield is more excited than ever to back founders building the AI future where potential knows no bounds. Join us at.

About HPE
HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at.

About New Legacy Ventures
New Legacy Ventures is the venture arm of New Legacy Group, a multifaceted investment firm spanning direct investments, public equities, wealth advisory and fund allocation. The firm invests across industries and stages, focusing on founders who see uncommon opportunity and pursue it with purpose. For more information, please visit.

About K2 Access
The K2 Access Fund invests in early-stage startups, primarily alongside Tier-1 venture firms, and provides hands-on support with product-market fit, customer acceleration and strategic growth. With a focus on high-growth sectors including AI, cybersecurity, cloud and advanced enterprise technologies, the fund helps startups scale faster, build market traction and position for long-term success.

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FAQ

What is the size of OpenLight's Series A funding round and who led it?

OpenLight raised $34 million in an oversubscribed Series A round, co-led by Xora Innovation and Capricorn Investment Group.

How many patents does OpenLight currently hold for its photonics technology?

OpenLight holds more than 360 patents covering its PDK and the manufacturing of heterogeneously integrated III-V photonics.

How many companies are currently using OpenLight's PDK technology?

Over 20 companies are currently using OpenLight's PDK to design and fabricate PASICs across various applications.

What will OpenLight use the Series A funding for?

The funding will be used to expand its PDK library of components, ramp up standard-based reference PICs at 1.6Tb/s and 3.2Tb/s, and scale its team for customer production support.

Who are the major investors in OpenLight's Series A round?

Major investors include Xora Innovation, Capricorn Investment Group, Mayfield, Juniper Networks (HPE), Lam Capital, New Legacy Ventures, and K2 Access.
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