Lumotive, a leader in programmable optical semiconductor products, announced it has closed a $45 million Series B funding round to accelerate sales growth of its groundbreaking Light Control Metasurface (LCM) technology. This oversubscribed round included new investors Swisscom Ventures, East Bridge, EDOM, Grazia, Hokuyo Inc. and TSVC, and support from existing investors such as Gates Frontier, MetaVC Partners, Quan Funds, USAA, and HiMax.
This new funding will accelerate growth in three strategic areas: global market expansion, data center AI infrastructure, and advancing next-generation optical semiconductors for defense and aerospace applications, enhancing secure communications, advanced sensing, and mission-critical precision.
KEY QUOTES:
“Lumotive’s unique technology represents a fundamental advance in optical semiconductors. Their proven success in automotive and industrial markets, combined with their ability to precisely control light at the chip level, enables applications that were previously impossible.”
– Pär Lange, Investment Partner at Swisscom Ventures
“This funding marks a pivotal moment in the evolution of programmable optics. Our LCM technology has already driven innovation across autonomous vehicles, advanced robotics, and industrial applications. With this new investment, we will accelerate sales in other new markets, particularly in AI data centers and satellite communications.”
– Dr. Sam Heidari, CEO of Lumotive
“Having supported Lumotive since its earliest days, we’ve witnessed the rapid evolution of the company’s core technology and its expansion into diverse global markets. This new funding round marks an exciting milestone in the company’s growth.”
– Conrad Burke, Managing Partner at MetaVC Partners
