Optalysys raises £23 million to advance privacy-enhancing technologies
Optalysys secures £23m to make the world's first encrypted compute system powered by light and enter new markets.
Optalysys, founded in Leeds, UK, has raised £23 million in a Series A extension round led by Northern Gritstone, with participation from imec.xpand, Lingotto, Fulcrum Asset Management and NSSIF.
The investment will accelerate the commercialisation of Optalysys’ proprietary photonic chips, support expansion into new markets, and strengthen the company’s leadership team.
Optalysys is developing the world’s first encrypted compute system powered by light, enabling data to be processed while remaining fully encrypted end‑to‑end.
By using light rather than electricity, Optalysys’ photonic chips deliver the computational power required for advanced AI workloads while consuming only a fraction of the energy.
We are delighted to support Optalysys’ next stage of growth, and the development of cutting‑edge technology that aligns with the UK’s long‑term strategic priorities.
For the full announcement please visit: Optalysys secures £23m to advance photonic computing and US expansion
We cannot overstate the importance and value of our relationship with NSSIF. We have found the investment process to be extremely straightforward, with regular and clear communication. Now the round is complete, we very much look forward to further developing our relationship with the team and building our proposition into one of key importance for the UK and the international stage.
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