Lightelligence, a US-based photonic circuit chipmaker spun out from Massachusetts Institute of Technology (MIT), raised $10m in a seed round on Friday.
The round was led by Baidu Ventures, the corporate venturing subsidiary of internet company Baidu, according to multiple press reports, though Lightelligence is not listed as a portfolio company on the firm’s website. The round also featured assorted, unnamed industry leaders.
Founded in September 2017, Lightelligence is developing computer chips that rely on light signals rather than electrical…
