Xscape Photonics Inc.
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Xscape Photonics Inc. - overview
Established
2022
Location
New York, NY, US
Primary Industry
Electronics
About
Based in New York, US, and founded in 2022, Xscape Photonics Inc. operates as a developer of a photonics-based technology platform, intended to connect various computing elements or simulation hardware in a fast and powerful manner. The company was co-founded by Alexander Gaeta (CEO), Vivek Raghunathan (CTO), and Yoshi Okawachi (R&D Lead). In September 2024, Xscape Photonics Inc.
raised USD 43. 85 million in series A funding led by new investor IAG Capital Partners with investment from returning investor Altair Engineering, Inc. Other new investors Cisco Investments, Fathom Fund Management, Kyra Ventures, LifeX Ventures, NVIDIA Corporation, and OUP (Osage University Partners) also participated in the round. The company develops a patented photonics platform that facilitates ultrahigh-bandwidth communications inside data centers as well as High-Performance Computing (HPC) systems while reducing the power consumption and heat generation associated with the process.
Xscape Photonics Inc’s technology solution enhances the amount of data transfer from chip to chip, or node to node when compared to the traditional electronic approach in computing. The company plans to use the September 2024 funding to expedite the development of its fully programmable, multi-color photonics technology.
Current Investors
Altair Engineering, Inc., OUP (Osage University Partners), NVIDIA Corporation
Primary Industry
Electronics
Sub Industries
Electronic Components, Integrated Circuits, Hardware
Website
www.xscapephotonics.com
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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