logo
logo

Altair Leads Seed Funding For Xscape Photonics With $10 Million Investment

Dec 20, 2022•over 2 years ago

Amount Raised

$10 Million

Round Type

seed

Fort LeeInformation Technology

Description

Altair (Nasdaq: ALTR) a global leader in computational science and artificial intelligence (AI), has invested $10 million in Xscape Photonics, a start-up that developed patented technology for photonic chips for ultrahigh-bandwidth connections inside data centers and high-performance computing (HPC) systems.

Company Information

Company

Xscape Photonics

Location

Parker Plaza

Fort Lee, New Jersey, United States

About

Xscape is using photonics to realize scalable, high-bandwidth, energy-sustainable, and cost-effective solutions that enable the next generation of AI, ML, and simulation hardware.

FundzWatch™ Score

70
Medium Activity

Buyer Intent Analysis

Get personalized insights on buying likelihood

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People