Leeds, 12 December 2024: Optalysys, a company enabling the future of secure AI, backed by the Lingotto Investment Management LLP, imec.xpand, & Northern Gritstone, has appointed Dipesh Patel as Chair of its Board. Dipesh will guide the Optalysys Management Team in their mission to drive the adoption of its silicon photonics technology to enable Fully Homomorphic Encryption (FHE).
With over 25 years in the semiconductor industry and the majority of his career at Arm, Dipesh brings extensive experience in scaling transformative technologies. He served as a member of Arm’s Executive Committee from 2013 until 2022, with his most recent role as the Chief Technology Officer, leading the Research and Digital IT functions. Prior to this, he was President of the IoT Services Group, where he spearheaded the creation of a new software and services business to capitalise on the growing IoT market.
Dr Nick New, CEO of Optalysys, said, “It is a great privilege to welcome Dipesh Patel as Chair of the Board. Dipesh has many years of experience at Arm that will be invaluable to Optalysys as we progress to the next level of our development towards enabling a world of secure AI.”
Dipesh Patel, Chair of Optalysys Board, said, “It’s an exciting time to be joining Optalysys. Nick and the team’s groundbreaking work in accelerating FHE computation using silicon photonics will be key in building the future of secure AI. I look forward to working with the team to scale its solutions to enable organisations to leverage their data securely and effectively.”
This latest appointment comes at a time of continued growth for Optalysys, having secured partnerships this year with Google HEIR, Duality Technologies and Zama. The company was also named Tech Company of the Year at the Prolific North Awards.
About Optalysys
Founded in Leeds, UK, Optalysys enables the future of secure compute by processing encrypted data at scale, without it being decrypted. It does this by using the power of advanced silicon photonics to enable Fully Homomorphic Encryption (FHE), a cryptographic technology to allow organisations to securely commercialise their data. Founded in 2013 by Dr. Nick New (CEO) and Robert Todd (CTO), Optalysys has raised funding from investors including Northern Gritstone, Lingotto, Verve Ventures and imec.xpand. Its most recent round was a £21m Series A in July 2023. For more information, please visit https://optalysys.com/
