xLight, which is developing a new class of laser for EUV machines in partnership with ASML, raised a $40M Series B led by Playground Global (Stephen Nellis/Reuters)

Stephen Nellis / Reuters:
xLight, which is developing a new class of laser for EUV machines in partnership with ASML, raised a $40M Series B led by Playground Global  —  Silicon Valley startup xLight has raised $40 million, aiming to build the first prototype of a new class of laser that could shake up the global chip industry …