# xLight funding: rounds and investors > xLight has raised $190M across 2 rounds since 2025. Investors include Playground Global, Accel and Alchemist Accelerator. Every round with its source. Source: https://millionrounds.com/company/xlight (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *xLight* 2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Hardware & Electronics Manufacturing Semiconductors Raised 5 months ago Follow xLight and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fxlight) Funding summary Updated 5 Nov 2026 **$190M** raised across 2 rounds since 2025, from 2 sources **$40M** Series B **$150M** Grant - **Latest round:** Grant, $150M Jun 2026 - **Step-up i:** 3.8× - **Investors:** 7 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$40M** Series B **$150M** Grant - **First round:** Series B, $40M - **Biggest round:** $150M - **Between rounds:** 10 months ## The rounds - **Jun 2026** Grant **$150M** *4 returning* [Accel](https://millionrounds.com/fund/accel) [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) [Playground Global](https://millionrounds.com/fund/playground-global) [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) Source recorded - **Jul 2025** Series B **$40M** *7 new* [Playground Global](https://millionrounds.com/fund/playground-global) Lead [Accel](https://millionrounds.com/fund/accel) [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) [Morpheus Ventures](https://millionrounds.com/fund/morpheus-ventures) [Boardman Bay Capital Management](https://millionrounds.com/fund/boardman-bay-capital-management) [Marvel Capital](https://millionrounds.com/fund/marvel-capital) Reported by TechStartups SEC filing: $41M sold, first sale Jun 2024 ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2025 **Grant** 2026 [Playground Global](https://millionrounds.com/fund/playground-global) L [Accel](https://millionrounds.com/fund/accel) [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) [Morpheus Ventures](https://millionrounds.com/fund/morpheus-ventures) [Boardman Bay Capital Management](https://millionrounds.com/fund/boardman-bay-capital-management) [Marvel Capital](https://millionrounds.com/fund/marvel-capital) ## Everyone who backed them [Playground Global](https://millionrounds.com/fund/playground-global) VC firm **2** rounds, led 1 [Accel](https://millionrounds.com/fund/accel) VC firm **2** rounds [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) Accelerator **2** rounds [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) Private equity **2** rounds [Morpheus Ventures](https://millionrounds.com/fund/morpheus-ventures) VC firm **1** round [Boardman Bay Capital Management](https://millionrounds.com/fund/boardman-bay-capital-management) Asset manager **1** round [Marvel Capital](https://millionrounds.com/fund/marvel-capital) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xlight). ## Also claim to have backed them These 4 firms list xLight as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Open Field Capital](https://millionrounds.com/fund/open-field-capital) VC firm Per its own site [Lam Capital](https://millionrounds.com/fund/lam-capital) VC firm Per its own site [Ironmonger360](https://millionrounds.com/fund/ironmonger360) Family office Per its own site [Roadster Capital](https://millionrounds.com/fund/roadster-capital) VC firm Per its own site ## Quick answers about xLight ### Who invested in xLight? xLight's investors include Playground Global, Accel, Alchemist Accelerator, IAG Capital Partners and Morpheus Ventures, and 2 more on record. ### How much has xLight raised? xLight has raised $190M across 2 rounds since 2025. ### When did xLight last raise? xLight's most recent round was a Grant of $150M in Jun 2026. ### What was xLight's biggest round? Its most recent round, $150M in Jun 2026, is also its largest on record. ### Who backed xLight first? xLight's first round on record, in Jul 2025, was backed by Playground Global, Accel and Alchemist Accelerator and 4 others. ### What stage is xLight at? xLight's latest named round is a Grant, in Jun 2026. ### Where is xLight based? xLight is based in the United States. ### Who led xLight's rounds? Playground Global led the Series B in 2025. ## Companies like xLight In the same sector, and raised in the last eighteen months. [**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Tutor Intelligence** $109M · Nov 2026](https://millionrounds.com/company/tutor-intelligence)[**Agility Robotics** $1.3B · Oct 2026](https://millionrounds.com/company/agility-robotics)[**Iris Technology** Oct 2026](https://millionrounds.com/company/iris-technology) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app