SBXi Fireside Chat with Darius from Lightmatter ($4.4B) | $50K Pitch Opportunity
SBXi Fireside Chat with Darius from Lightmatter ($4.4B) | $50K Pitch Opportunity.
Date: November 14th, 2024.
Time: 5:30 pm - 7:30 pm.
Location: The Engine, 750 Main Street, Cambridge, MA.
🚀 Join SBXi at The Engine for an Evening with Darius Bunandar from Lightmatter!
Hosted by SBXi at The Engine, this event is a unique opportunity to learn from Darius, Founder and Chief Scientist of Lightmatter —recently valued at $4.4 billion. Darius will share the journey from MIT's Sandbox to creating one of the most groundbreaking companies in Boston.
Agenda
5:45 pm - Fireside Chat with Darius.
6:15 pm - Announcement of pitch opportunity.
6:30 pm - Networking with fellow tough tech founders.
FAQs:
What is Lightmatter? Lightmatter develops photonic computing technology for data centers, using light instead of electricity for data transmission to increase speed, reduce latency, and lower power consumption. Their core product, photonic interconnects, significantly boosts data transfer rates, achieving up to 30 terabits per second, with ambitions to reach 100 terabits. This innovation addresses traditional data center bottlenecks, making it particularly valuable for AI and high-performance computing environments that require fast and efficient data handling. Their recent $400M funding round, led by T. Rowe Price Associates, will help scale production to meet the needs of hyperscale data centers and AI companies. Learn more at lightmatter.co.
What is SBXi? SBXi is backed by Accel, Polaris Partners, GETTYLAB, General Catalyst, Pillar, Danaher, Underscore VC, and Glasswing Ventures. The fund writes checks of up to $100K on SAFE notes and between $100K and $1M on qualifying equity rounds. Committed to supporting MIT founders, SBXi invests exclusively in teams that have at least one MIT alumnus on the founding team. Additionally, SBXi supports MIT’s entrepreneurial ecosystem by providing an annual grant to the Sandbox Program, fostering early-stage innovation. Learn more at sbxi.com.
What is The Engine? The Engine was built by MIT to support and accelerate any and all Tough Tech companies solving the world's most challenging problems, as they move from research breakthroughs to commercial impact. The Engine provides the critical infrastructure, programs and ecosystem early-stage Tough Tech companies need to thrive. Learn more at www.engine.xyz.
What are the details of the pitch opportunity?
Two teams will be selected to pitch in front of Darius and receive feedback. Teams can then enter SBXi's process for up to $50K.
Who is eligible to apply to pitch?
Any MIT alumni with an incorporated startup at any stage.
Who should attend?
Blueprint Current Participants & Alumni
Sandbox Current Participants & Alumni
Friends of SBXi or The Engine
MIT Students & Alumni
Tough Tech Founders