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LightSolver and the EIC Accelerator: A Laser Computer, Now Sold

September 30, 2026851 words5 min

LightSolver, founded in 2020 by Weizmann Institute physicists Ruti Ben Shlomi and Chene Tradonsky, builds the Laser Processing Unit (LPU), a computer that uses coupled lasers rather than electronic circuits to solve some classes of problem. Its EIC Accelerator project, "An All-Optical computer for solving Hard Optimization Problems", receives an EU contribution of €2,499,999 and runs from December 2024 to November 2026, according to CORDIS. The objective targeted NP-hard optimisation for supply chains, materials design and financial portfolios. The first report says the prototype's final design was completed, core components produced, and a cloud layer with a live API and an operational LPU Lab launched, according to CORDIS.

On 3 September 2026 CollPlant Biotechnologies, a Nasdaq-listed Israeli regenerative medicine company, completed its acquisition of LightSolver. It paid mainly in its own shares and pre-funded warrants, invested $5 million in LightSolver, and granted further warrants that vest when LightSolver hits technological and commercial milestones, according to PR Newswire. CollPlant's chief executive said photonic computing would run alongside its regenerative medicine business. Ben Shlomi remains LightSolver's chief executive.

€2.5MEIC grant
$5MCollPlant investment at closing
Sep 2026Acquisition completed
0Commercial LPU sales announced

Company file

Legal entity
LightSolver Ltd, Tel Aviv
Founded
2020
Founders
Dr. Ruti Ben Shlomi (CEO), Dr. Chene Tradonsky
Product
Laser Processing Unit (LPU)
Owner
CollPlant Biotechnologies (Nasdaq: CLGN), since September 2026
Partner
Boeing
EIC funding
Blended finance, €2.5M grant

Where LightSolver Stands Now

In April 2026 LightSolver announced a strategic financial partnership with Boeing, which is funding development of the LPU for engineering simulation, with emphasis on numerical accuracy, repeatability and integration with existing high-performance computing, according to GlobeNewswire. The amount was not disclosed. LightSolver now describes the LPU as accelerating scientific and engineering simulation, partial differential equations, large linear systems and optimisation.

"We believe this next chapter will help us accelerate our technology roadmap and pursue commercial opportunities for our LPU platform globally."

Dr. Ruti Ben Shlomi, founder and CEO, September 2026

The Technology: Letting Lasers Find the Answer

In the LPU, many lasers are coupled so that the pattern of light they settle into encodes the solution to a problem. The CORDIS summary says it has no electronic components inside the processor, works at room temperature, fits on a desktop and uses little power. A digital layer extends the number of variables the optics can handle. Since the Boeing deal, the company has emphasised solving partial differential equations directly through laser dynamics, a shift from the optimisation focus of the EIC project.

What the EIC Award Promised, and What the Record Shows

The project runs until November 2026, so it is too early to judge it. It has produced a finished prototype design and cloud access. The company it funded now belongs to a biotech group and has refocused its public pitch on engineering simulation. How much of the optimisation roadmap survives is not public.

  1. Prototype designDeliveredFirst report.
  2. Cloud accessLiveAPI and LPU Lab.
  3. Industrial partnerDeliveredBoeing, 2026.
  4. Commercial salesUnverifiedNone announced.

The Money

The only disclosed cash figures are the €2.5 million EIC grant and CollPlant's $5 million investment at closing; the value of the shares and warrants CollPlant issued was not stated in the closing announcement. The award was blended finance; no EIC Fund investment has been announced, and LightSolver's accounts are not public.

What Cannot Be Checked

Questions for the EIC

Whether the EIC Fund invested, what happens to the EIC project after the change of ownership, what CollPlant paid in total, and how much Boeing contributed are not public.

Why Europe Should Care

The EIC funded an Israeli start-up to build a new kind of computer. Within two years, a US aerospace company became its funding partner and an Israeli biotech its owner. The technology can still reach European users, but the EIC's stake in where it goes is now limited to the grant.

What the award promised

An all-optical computer for hard optimisation problems.

What the record shows

A prototype with cloud access, a Boeing deal and an acquisition by CollPlant.

The Verdict

Sold before the product

LightSolver found backers and a buyer. Whether the laser computer becomes a commercial product is still open.

LightSolver, CollPlant and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Start with the EIC Accelerator

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Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
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