Startups
xLight builds the world's most powerful lasers for semiconductor manufacturing. 4X more EUV power, 50% lower costs, better chip quality.
Overview
Total raised
$40M
Investors 1
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Funding Rounds 1
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Mentions in press and media 7
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| Jul 22, 2025 | xLight Raises $40M in Series B Funding | xLight, a Palo Alto, CA-based company building lasers for the semiconductor industry, raised $40M in Series B funding. The round was led by Playground Global, and joined by Boardman Bay Capital Management. Morpheus Ventures and others also ... |
| Jul 22, 2025 | Top 10 Startup and Tech Funding News – July 22, 2025 | It’s Tuesday, July 22, 2025, and we’re back with your daily snapshot of startup and global tech funding news, tracking where capital is flowing and which founders are building what’s next in AI, robotics, enterprise software, and beyond. To... |
| Jul 22, 2025 | Silicon Valley startup xLight raises $40M in funding to build next-gen EUV laser and challenge China in chipmaking | Silicon Valley-based startup xLight just raised $40 million to build something the U.S. hasn’t seen in decades: a prototype for a new kind of laser that could shift the balance of power in chip manufacturing. The company’s big swing? A U.S.... |
| Mar 28, 2025 | Pat Gelsinger's Leap into Venture Capital: A New Chapter in Tech Innovation | Pat Gelsinger, the former CEO of Intel, is making waves again. After a rocky tenure at the chip giant, he’s diving into the world of venture capital. He’s joined Playground Global, a firm that invests in deep technology. This move signals a... |
| Mar 26, 2025 | Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global | After a tumultuous four-year run as Intel's CEO, Pat Gelsinger is becoming a general partner at early-stage Playground Global, which focuses on deep tech. Gelsinger will join the board of Playground Global portfolio company xLight, which is... |
| xLight | “xLight” |
Reviews 0
FAQ about xLight
How much funding has xLight raised?
xLight has raised $40M in total across 1 funding round.
What has the press written about xLight?
Parsers VC has collected 7 articles mentioning xLight, among them “xLight Raises $40M in Series B Funding” (Jul 22, 2025) and “Top 10 Startup and Tech Funding News – July 22, 2025” (Jul 22, 2025).
Is xLight still active?
Yes, xLight is active; its latest activity on Parsers VC dates from Oct 8, 2026.