About Iris Light
Iris Light is a company based in Chicago (United States) founded in 2018.. Iris Light has raised $20 thousand across 3 funding rounds from investors including Techstars and OSTI.GOV. Iris Light offers products and services including Photonic Inks. Iris Light operates in a competitive market with competitors including vitrealab, Inplane Photonics, EpiCrystals, ProLight Opto Technology Corporation and Cambridge Nanotherm, among others.
- Headquarter Chicago, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 3 rounds
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Latest Funding Round
$1.36 M (USD), Grant
Jul 10, 2023
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Investors
Techstars
& 1 more
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Employee Count
Employee Count
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Products & Services of Iris Light
Iris Light offers a comprehensive portfolio of products and services, including Photonic Inks. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Inks for creating active opto-electronic components on silicon chips.
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Funding Insights of Iris Light
Iris Light has successfully raised a total of $20K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.36 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $1.4M
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First Round
First Round
(01 Dec 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Grant - Iris Light | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - Iris Light | Valuation | Techstars |
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| Dec, 2021 | Amount | Grant - Iris Light | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Iris Light
Iris Light has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Techstars and OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iris Light
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Iris Light
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iris Light Comparisons
Competitors of Iris Light
Iris Light operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as vitrealab, Inplane Photonics, EpiCrystals, ProLight Opto Technology Corporation and Cambridge Nanotherm, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photonics integrated circuits for augmented reality glasses are developed.
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| domain | founded_year | HQ Location |
Lightwave circuits are manufactured for photonics applications by Inplane Photonics.
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| domain | founded_year | HQ Location |
Laser light sources are developed for pico projector applications.
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| domain | founded_year | HQ Location |
Women's and men's footwear and accessories are designed and retailed.
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| domain | founded_year | HQ Location |
Cambridge Nanotherm develops innovative thermal management substrates for LEDs and electronic applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Iris Light
When was Iris Light founded?
Iris Light was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Iris Light located?
Iris Light is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Iris Light?
Chad Husko is the current CEO of Iris Light.
Is Iris Light a funded company?
Iris Light is a funded company, having raised a total of $20K across 3 funding rounds to date. The company's 1st funding round was a Grant of $256K, raised on Dec 01, 2021.
What does Iris Light do?
Iris Light Technologies was founded in 2018 in Chicago, United States. Operations focus on the photonics sector, where color-versatile lasers are created to support silicon photonics applications. The Iris Light solution integrates multiple lasers on a chip, enabling higher bandwidth and improved energy efficiency in light-based chips. Development efforts target advancements in optical technologies for data processing and transmission.
Who are the top competitors of Iris Light?
Iris Light's top competitors include vitrealab, ProLight Opto Technology Corporation and Inplane Photonics.
What products or services does Iris Light offer?
Iris Light offers Photonic Inks.
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