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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

89
Medium Activity

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