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424 Leeds-based Optalysys raises €26.4 million to accelerate always-encrypted data technology using light

EU-Startups
Rahul Raj @ EU-Startups · 01/22/2026 03:00 EDT

Leeds-based Optalysys raises €26.4 million to accelerate always-encrypted data technology using light

Leeds-based photonic computing company Optalysys today announced that it has raised €26.4 million (£23 million) in a Series A extension round to accelerate the commercialisation of its proprietary photonic chips and support US expansion.  The round was led by Northern Gritstone, with participation from imec.xpand, Lingotto Horizon, and the UK government’s National Security Strategic Investment ...

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