Private Market View

Lightmatter

Application Specific Semiconductors · Mountain View, CA · Founded 2017 · Privately Held (backing)

PA Mark · $/share
$82
Sep 2026
Implied valuation
$4.6B
Total raised
$822.5M
Last round
Later Stage VC (Series D)
Dec 2025
What is Lightmatter worth?
$4.6Bimplied by the PA Mark · Sep 2026

Lightmatter last raised an undisclosed amount in its Later Stage VC (Series D) (Dec 2025).

Free account
See the evidence behind this price
  • ·Post-money valuations for all 11 rounds
  • ·The complete investor list — 42 names
  • ·Watchlist + deal alerts for Lightmatter
Create free account
No card required

Valuation timeline

7 marks · Dec 2017 – Sep 2026
Early Stage VC (Series A)5 roundsPA Mark
log scale
Post-money values unlock with a free account.Unlock the axis

Funding history

11 rounds
DateRoundRaisedPost-money
Dec 2025Later Stage VC (Series D)
Jan 2025Secondary Transaction - Private
Oct 2024Later Stage VC (Series D)$400.0M
Dec 2023Later Stage VC (Series C2)$155.0M
Mar 2023Later Stage VC (Series C1)$153.3M
Apr 2021Early Stage VC (Series B)$80.0M
+ 5 earlier rounds · a free account shows the full history

How Lightmatter's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Lightmatter, we compose those signals into the PA Mark — a weighted composite of 7 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is Lightmatter worth?
Lightmatter's implied valuation is $4.6B, based on the PA Mark composite price of about $82 per share as of Sep 2026.
How much has Lightmatter raised?
Lightmatter has raised $822.5M in total funding across 11 recorded rounds.
When did Lightmatter last raise?
Lightmatter last raised in Dec 2025 (Later Stage VC (Series D)).
Lightmatter Valuation 2026 — $4.6B | Private Market View