Optalysys is days away from launching a prototype optical processor with the potential to realise Exascale levels of processing power on a desktop sized computer at a fraction of the energy consumption and cost of conventional supercomputers and high performance computing ("HPC") technology.
Grant Thornton UK LLP is supporting the Series A funding round.
Darren Bear, partner at Grant Thornton UK LLP, noted: "This is a unique opportunity to provide funding to support the development of disruptive optical processing technology, which has the potential to revolutionise HPC, by reaching far beyond the capabilities of traditional technology."
Optalysys CEO, Dr. Nick New, explained: "Optalysys' technology will deliver processing power beyond the capabilities of traditional HPC methods and will offer functionality that digital cannot provide, bringing the step change in computing power that is required in Big Data and Computational Fluid Dynamics ("CFD") applications, for a fraction of the price and power consumption. This investment will support us in bringing our initial products to market in 2017."