Cerberus Ventures
Assembly Line
Lightsynq Comes Out of Stealth with $18M in Series A Funding to Scale Quantum Computing
Lightsynq Technologies Inc., a startup developing quantum interconnect technology solutions for commercial use, announced it has raised approximately $18 million in Series A funding. The round was led by Cerberus Ventures, the venture investing platform of Cerberus Capital Management, L.P. (Cerberus), with participation from Murata Electronics North America Inc., IAG Capital Partners, Safar Partners, QVT, Element Six and In-Q-Tel (IQT).
Founded by former Harvard quantum networking experts and Amazon Web Services (AWS) Center for Quantum Networking leaders, Dr. Mihir Bhaskar (CEO), Dr. Bart Machielse (CTO) and Dr. David Levonian (CPO), Lightsynq is developing state-of-the-art optical quantum interconnects that enable hardware providers to link quantum processors. Lightsynq’s technology will help solve the core challenge of linking together individual quantum computers into a broader network, overcoming the limitations of single system scaling.
The funds will be used to build Lightsynq’s quantum interconnect technology, which is based on color centers in diamond photonic devices, combining a leading quantum networking platform with scalable photonic fabrication. This proprietary solution will provide a pathway to foundry-scale production of quantum interconnects, enabling more usable qubits across networks and accelerating wider industrial and commercial applications of quantum computing.