Israel-based LightSolver is an innovative technology company developing all-optical supercomputers. The company is working on a new laser-based processor (Laser Processing Unit, LPU) that is more energy efficient than conventional computers and quantum computers. This innovative technology performs complex mathematical operations using the natural properties of light and does not require electronic components. This allows it to operate at room temperature, minimizing energy consumption.

LightSolver 

LightSolver has received €12.5 million in funding under the European Innovation Council (EIC) Accelerator Program. This funding will include €2.5 million as a grant and €10 million as a future equity investment. The company plans to use the funding to commercialize its platform and accelerate growth in the high performance computing (HPC) sector. LightSolver's LPU is specifically designed to accelerate computationally intensive workloads such as computer-aided engineering (CAE), bioscience calculations and challenging optimization problems. Dr. Ruti Ben-Shlomi, CEO of the company, stated that LPU is faster and less environmentally demanding than GPUs and that this technology can be easily used in data centers. 

The European Innovation Council is an initiative established by the European Commission to support innovative projects with high potential. EIC aims to maintain Europe's leadership in new technologies and innovations. In this context, it invests in innovative companies such as LightSolver, contributing to their development and growth. This funding for LightSolver is an important step towards developing and bringing the company's all-optical supercomputers to market. The LPU's energy efficiency and high computational power could provide significant benefits in industrial and scientific fields in the future.