CollPlant Closes LightSolver Deal With $5 Million Investment, Entering Photonics Computing
Updated
Updated · PR Newswire · Sep 3
CollPlant Closes LightSolver Deal With $5 Million Investment, Entering Photonics Computing
3 articles · Updated · PR Newswire · Sep 3
Summary
CollPlant said it has completed its acquisition of Israel-based LightSolver, formally expanding beyond regenerative medicine into high-performance computing and photonics.
The deal included upfront ordinary shares, pre-funded warrants and a $5 million investment, with additional milestone-based warrants tied to LightSolver's technological and commercial targets.
LightSolver, founded in 2020, is developing a Laser Processing Unit — an all-optical platform using coupled lasers to speed demanding workloads such as simulations, linear systems and optimization.
CollPlant said the transaction should accelerate LightSolver's commercialization, broaden strategic partnerships and support its longer-term technology roadmap across sectors including aerospace, defense, energy and Physical AI.