Optalysys

Optalysys has secured £23 million in funding to accelerate the commercial rollout of its light-powered computer chips.

Summary of transaction details:

• Value: £23m
• Sector: DeepTech & AI
• Advisor: N/A
• Key Entities: Optalysys, Northern Gritstone
• Location: UK

Note: This investment strengthens the UK's position in the global AI chip race and offers a rare chance to carve out global leadership in photonic computing.