In a world obsessed with more megapixels and AI filters, Light.co is betting on a radical hardware revolution. They’re not just improving smartphone cameras; they’re fundamentally reimagining how we capture light itself. With $232M in funding, this isn't a startup experiment—it's a calculated assault on the $100B+ imaging industry.

"They aren't playing the specs game; they're playing the physics game. And the physics are changing."

The silence on their public-facing website (traffic data is effectively zero) is strategic. Light.co isn't selling to the masses yet; they are selling to OEMs and partners. They are the 'Intel Inside' of computational photography. While competitors like Apple and Google fight over software-based post-processing, Light.co is positioning hardware as the bottleneck that software can't fix.

• Capital Intensity: $232M raised indicates deep backing (Leopard, Redpoint) for a long hardware runway.
• Niche Focus: 173 employees suggests a tight, engineering-first culture rather than sales bloat.
• B2B Pivot: Revenue likely comes from licensing tech to phone manufacturers, not direct-to-consumer sales.
• The Moat: Proprietary optics combined with AI processing creates a barrier to entry that software-only startups cannot cross.