EUCLYD
EUCLYD is developing custom AI processors, memory architectures and data-centre systems designed to make large-scale AI inference more power- and cost-efficient.
>€200MSeries A
LeadSE
Scaleup Europe Fund
Activity from announced rounds
Activity in this selectionOct 24, 2026 · Hardware · Jan 1, 2026
Scaleup Europe Fund is the EQT-managed fund explicitly named in EUCLYD, Tandem and Mistral announcements.
Recorded funding activity
EUCLYD develops processors and memory for inference. Tandem automates clinical documentation, while Mistral supplies models and computing infrastructure. This named fund remains separate from EQT Ventures, EIC Fund and earlier manager-level activity.
- Rounds participated in
- 3
- Confirmed lead rounds
- 2 1 roles undisclosed
- New companies
- 3 First participation on record · 0 follow-on
- Funding in participating rounds
- $1.6B 2 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
3 in this selectionThe Exploration Company
Reusable spacecraft and propulsion systems for transporting cargo to orbital stations and returning it to Earth.
$450MSeries C
LeadIceye
ICEYE builds and operates radar-imaging satellites and delivers Earth-observation data and intelligence to governments and businesses.
€1BUndisclosed
Role not disclosed