About Lightsynq
Lightsynq is a company based in Boston (United States) founded in 2024 by Bart Machielse, David Levonian, and Mihir Bhaskar was acquired by IonQ in May 2025.. Lightsynq has raised $18 million across 2 funding rounds from investors including IonQ, Murata Manufacturing and Element Six. Lightsynq offers products and services including Quantum Interconnects. Lightsynq operates in a competitive market with competitors including Quantum Brilliance, Qilimanjaro, SaxonQ, Cryptosasun and AQSolotl, among others.
- Headquarter Boston, United States
- Founders Bart Machielse, David Levonian, Mihir Bhaskar
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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- Legal Name Lightsynq Technologies Inc.
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Products & Services of Lightsynq
Lightsynq offers a comprehensive portfolio of products and services, including Quantum Interconnects. 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.
Universal optical interconnects bridging gaps for large-scale quantum computers.
Funding Insights of Lightsynq
Lightsynq has successfully raised a total of $18M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(19 Nov 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Lightsynq | Valuation |
investors |
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| Nov, 2024 | Amount | Series A - Lightsynq | Valuation | Cerberus Capital Management |
| 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 Lightsynq
Lightsynq has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include IonQ, Murata Manufacturing and Element Six. 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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Private equity and debt firm focused on multiple sectors
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Venture capital firm
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Founded Year | Domain | Location | |
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Venture capital investments are provided by IAG Capital Partners.
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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 Lightsynq
| 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 - Lightsynq
| 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 |
Lightsynq Comparisons
Competitors of Lightsynq
Lightsynq 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 Quantum Brilliance, Qilimanjaro, SaxonQ, Cryptosasun and AQSolotl, 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 |
Developer of quantum computers using superconducting qubit technology
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| domain | founded_year | HQ Location |
Quantum annealing computers are developed for real-world problem solving.
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| domain | founded_year | HQ Location |
Develops high-performance quantum computers for real-world computing needs.
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| domain | founded_year | HQ Location |
Delivers AI and quantum-enabled cybersecurity solutions for enterprises.
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| domain | founded_year | HQ Location |
Provides quantum hardware and AI solutions for business efficiency worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Lightsynq
Frequently Asked Questions about Lightsynq
When was Lightsynq founded?
Lightsynq was founded in 2024.
Where is Lightsynq located?
Lightsynq is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Lightsynq?
Mihir Bhaskar is the current CEO of Lightsynq. They have also founded this company.
Is Lightsynq a funded company?
Lightsynq is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18M, raised on Nov 19, 2024.
What does Lightsynq do?
Lightsynq was founded in 2024 in Boston, United States, as a developer of optical quantum interconnects within the quantum computing sector. Universal interconnects are provided to connect qubits and overcome scaling limitations in quantum systems. Operations focus on enabling large-scale quantum computers by addressing connectivity challenges. The technology supports integration across various quantum hardware platforms, with core activities centered in the U.S.
Who are the top competitors of Lightsynq?
Lightsynq's top competitors include Quantum Brilliance, New Scientist and Qilimanjaro.
What products or services does Lightsynq offer?
Lightsynq offers Quantum Interconnects.
Who are Lightsynq's investors?
Lightsynq has 8 investors. Key investors include IonQ, Murata Manufacturing, Element Six, Cerberus Capital Management, and In-Q-Tel.
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