# Optalysys

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/optalysys

- Industry: Semiconductors
- Headquarters: Leeds, UK
- Website: www.optalysys.com/
- Total disclosed funding: $62M
- Latest round: Series A (Dec 22, 2025)
- Investors on record: 4

## About

Based in Leeds, UK, Optalysys Ltd. is a manufacturer of advanced data security solutions specializing in Fully Homomorphic Encryption technology, ensuring data privacy and performance for sensitive applications. Optalysys Ltd. was founded in 2013 in Leeds, UK, and focuses on providing advanced encryption solutions.In January 2026, Optalysys Ltd. raised GBP 23 million in series A funding led by investor Northern Gritstone, with participation from other investors Imec.xpand, Lingotto Investment Management LLP and National Security Strategic Investment Fund. Nick New serves as the CEO, steering the company towards innovative data security applications. The company has not undergone significant strategic pivots or changes in its business operations, nor does it have any noted subsidiaries.Optalysys specializes in advanced data security solutions through its flagship product, LightLocker™, which utilizes accelerated Fully Homomorphic Encryption (FHE) technology. This innovation enables the processing of encrypted data without the need to decrypt it, ensuring absolute privacy while maintaining high performance. The company's offerings focus on critical use cases in confidential blockchain transactions, private smart contracts, and secure decentralized finance (DeFi) applications. Optalysys serves a diverse clientele, including enterprises enhancing data privacy measures, blockchain developers, and organizations involved in Web3 initiatives across North America, Europe, and Asia.Optalysys generates revenue primarily through direct sales of its LightLocker™ product and associated services to businesses focused on secure computing environments. The company engages in B2B transactions, establishing agreements for technology use, support, and training services. Partnerships with enterprises incorporating FHE into their systems also contribute to revenue, along with potential subscription-based models for ongoing access to updates and resources related to FHE. For the year 2023, the company's EBITDA was reported as GBP 0. The company will use the January 2026 funding to accelerate the commercialization of its light-powered computer chips and support expansion into the United States.

## Funding rounds

- Series A, Dec 22, 2025, $31M — Imec.xpand, Northern Gritstone, Lingotto Investment Management LLP, National Security Strategic Investment Fund
- Series A, Jul 12, 2023, $31M — Imec.xpand, Northern Gritstone, Lingotto Investment Management LLP

## Investors

- Imec.xpand (https://capitalatlas.ai/funds/imec-xpand) — Series A
- Northern Gritstone (https://capitalatlas.ai/funds/northern-gritstone) — Series A
- Lingotto Investment Management LLP — Series A
- National Security Strategic Investment Fund — Series A