Photonic chip maker Optalysys has raised a £21 million Series A funding which will see it ‘advance its Enable photonic computing technology to unlock a new form of secure processing known as Fully Homomorphic Encryption (FHE)’.
Backing the company is the Agnelli family through Lingotto which is owned by Exor – the Agnelli family holding company. The round was led by Lingotto, imec.xpand, and Northern Gritstone.