# Lightsynq Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lightsynq-technologies

- Industry: Hardware
- Headquarters: Brighton, US
- Website: www.lightsynq.com
- Total disclosed funding: $18M
- Latest round: Series A (Oct 22, 2024)
- Investors on record: 7

## About

Founded in 2024 and based in Massachusetts, US, Lightsynq Technologies Inc. is dedicated to creating solutions for quantum computing interconnectivity. Mihir Bhaskar (CEO), Bart Machielse (CTO), and David Levonian (CPO) are the co-founders of the company. In November 2024, Lightsynq Technologies Inc. raised USD 18 million in series A funding led by Cerberus Capital Management, including Murata Manufacturing Co., Ltd., IAG Capital Partners, Safar Partners, QVT Financial, Element Six (UK) Limited, and In-Q-Tel.

Lightsynq specializes in developing universal optical quantum interconnects that are essential for connecting large-scale quantum computers. The company's core products focus on an innovative architecture that integrates diamond photonic circuits, facilitating compatibility across various quantum computing modalities. By leveraging extensive expertise in quantum technologies, Lightsynq addresses the critical scaling challenges faced in fault-tolerant quantum computing, enhancing modularity in quantum systems.

Lightsynq's revenue is generated from the sales of its optical quantum interconnect products, with prospects for recurring income derived from ongoing collaborations and support services, governed by contractual agreements covering pricing and product specifications.

The organization plans to use the November 2024 funding to enhance its quantum interconnect technology, scale up production, and support the commercial applications of quantum computing.

## Funding rounds

- Series A, Oct 22, 2024, $18M — Cerberus Capital Management, In-Q-Tel, Murata Manufacturing Co., Ltd., Element Six (UK) Limited, Safar Partners, IAG Capital Partners, Qvt Financial Lp

## Investors

- Cerberus Capital Management (https://capitalatlas.ai/funds/cerberus-capital-management) — Series A
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series A
- Murata Manufacturing Co., Ltd. — Series A
- Element Six (UK) Limited — Series A
- Safar Partners (https://capitalatlas.ai/funds/safar-partners) — Series A
- IAG Capital Partners (https://capitalatlas.ai/funds/iag-capital-partners) — Series A
- Qvt Financial Lp — Series A