EUCLYD raises more than €200m Series A for AI silicon and systems
Samsung, Somerset Capital Partners, Scaleup Europe Fund and Innovation Industries co-led the financing.
EUCLYD raised more than €200 million in Series A financing co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund and Innovation Industries. EIFO, imec.xpand, Brabant Development Agency and Quadri participated.
The funding will expand engineering, advance the silicon and systems roadmap, strengthen ecosystem partnerships and prepare for commercial deployment. EUCLYD targets enterprise, sovereign and hyperscale AI infrastructure with programmable compute and processor-memory co-design.
Use of funds
Expand engineering, advance the silicon and systems roadmap, strengthen ecosystem partnerships and prepare for commercial deployment.