Lightmatter Stock $70.00

Forge Price BeaconForge Price 1 updated November 17, 2024

lightmatter.coTechnology Hardware / Computing hardwareFounded: 2017Funding to Date: $822.48MM

Lightmatter is a technology company which offers photonic computing solutions to data centers and enterprises. Their platform uses light-based processors designed to accelerate artificial intelligence and machine learning workloads. By developing photonic technology for computing applications, Lightmatter aims to increase processing speed and energy efficiency compared to traditional electronic systems. This company was founded by Nicholas Harris Ph.D, Darius Bunandar Ph.D, and Thomas Graham in 2017 and is headquartered in Mountain View, CA.

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Private Market Pricing DetailsValuation & Financings

Lightmatter Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/17/2024
Price per Share
$70.00
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Lightmatter Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/16/2024 Series D-1 $26.97MM $xx.xx $4.4B T. Rowe Price Associates, Fidelity, GV
Price per Share
$xx.xx
Shares Outstanding
336,110
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price Associates, Fidelity, GV
10/16/2024 Series D $359.55MM $xx.xx $4.4B T. Rowe Price Associates, Fidelity, GV
Price per Share
$xx.xx
Shares Outstanding
4,481,470
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price Associates, Fidelity, GV
10/16/2024 Series C-3 $13.48MM $xx.xx $4.4B T. Rowe Price Associates, Fidelity, GV
Price per Share
$xx.xx
Shares Outstanding
518,548
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price Associates, Fidelity, GV
12/19/2023 Series C-2 $155MM $xx.xx $1.2B GV, Viking Global Investors
Price per Share
$xx.xx
Shares Outstanding
5,961,129
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GV, Viking Global Investors
05/31/2023 Series C-1 $153.28MM $xx.xx $637.5MM SIP Global, Fidelity Management & Research Company, Viking Global Investors, Google Ventures, HPE Pathfinder
Price per Share
$xx.xx
Shares Outstanding
9,314,246
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SIP Global, Fidelity Management & Research Company, Viking Global Investors, Google Ventures, HPE Pathfinder
05/06/2021 Series B-2 $75.75MM $xx.xx $251.03MM Viking Global Investors, SIP Global Partners, Google Ventures, HP Enterprise, Lockheed Martin, Matrix Partners, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
8,632,872
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Viking Global Investors, SIP Global Partners, Google Ventures, HP Enterprise, Lockheed Martin, Matrix Partners, Spark Capital
05/06/2021 Series B-1 $5.06MM $xx.xx $251.03MM Viking Global Investors, SIP Global Partners, Google Ventures, HP Enterprise, Lockheed Martin, Matrix Partners, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
720,596
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Viking Global Investors, SIP Global Partners, Google Ventures, HP Enterprise, Lockheed Martin, Matrix Partners, Spark Capital
02/25/2019 Series A-1 $22.29MM $xx.xx $92.15MM Google Ventures
Price per Share
$xx.xx
Shares Outstanding
3,779,517
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Google Ventures
02/05/2018 Series A $11.1MM $xx.xx $31.71MM Matrix Partners, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
4,031,966
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Matrix Partners, Spark Capital

Lightmatter investors also invested in these private companies

Sip Global Partners
Harvard Innovation Launch Lab
Aliya Capital Partners
Trajectory Ventures
Beaconsfield Capital Management
Hp Enterprise
H.E.N.R.Y Collective
Hpe Pathfinder

Leadership & Board

Leadership

Nicholas Harris Ph.D
Co-Founder, Chief Executive Officer & President
Darius Bunandar Ph.D
Co-Founder & Chief Scientist
Jessie Zhang
Vice President of Finance
Nam Catania
Controller
Thomas Graham
Co-Founder & Chief Financial Officer
Israel Kandarian
Head of Creative Marketing
Richard Ho
Vice President, Hardware Engineering
Ayon Basumallik
Vice President, Software Engineering and Machine Learning
Ritesh Jain
Vice President of Hardware, Systems and Product Engineering
Bob Turner
Vice President of Sales, North America
Beth Keil
Vice President of People
Steve Klinger
Vice President of Product
Sujatha Wagle
Vice President of Supply Chain Operations

Board

Santo Politi
Spark Capital
Stan Reiss
Matrix Partners

Lightmatter stock FAQs

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Can you buy Lightmatter stock?

As Lightmatter is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Lightmatter, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Lightmatter stock?

To invest in a private company like Lightmatter through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Lightmatter stock?

Yes, you may sell the Lightmatter stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Lightmatter stock?

If you hold private company shares of Lightmatter – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Lightmatter on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Lightmatter a public company?

No, Lightmatter is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Lightmatter’s stock price?

Lightmatter is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/17/2024 the Lightmatter Forge Price is $70.00 per share. The Forge Price is a derived price calculated for private companies like Lightmatter to provide insights into their current valuation. Learn more about Forge Price.
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What is Lightmatter’s stock ticker symbol?

Lightmatter does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Lightmatter’s news and media highlights

Photonic computing startup Lightmatter has raised $400 million to blow one of modern data centers’ bottlenecks wide open. The company’s optical interconnect layer allows hundreds of GPUs to work synchronously, streamlining the costly and complex job of training and running AI models. The growth of AI and its correspondingly immense compute requirements have supercharged the data center industry, but it’s not as simple as plugging in another thousand GPUs.
Lightmatter is developing optical interconnect technology to enable hyperscale AI supercomputing by allowing GPUs to communicate directly using light, which could enable systems with over 1 million GPUs compared to today's tens of thousands.
Lightmatter, a startup building photonic chips, raised $155M in a round led by GV and Viking Global, increasing its valuation to $1.2B. The funding extends its Series C and brings total raised to over $420M. Lightmatter will use the funds to meet demand for high-performance computing for AI applications.
Lightmatter, a developer of integrated-photonics processors, has raised $154 million in a Series C funding round, bringing its total capital raise to $270 million. The funds will be used to provide cloud providers, semiconductor companies, and enterprises with photonic technology for advanced AI and high-performance computing applications. The company's products include a photonic AI accelerator chip, a programmable photonic-interconnect system, and a software layer for deep-learning frameworks.
Updated on: Nov 17, 2024

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