Euclyd

Euclyd is a Dutch semiconductor startup founded in 2024 and based in Eindhoven, Netherlands, that develops AI inference chips using its proprietary CRAFTWERK architecture as an energy-efficient alternative to GPU-based computing, claiming up to 100x greater efficiency than Nvidia's chips by minimizing data movement between memory and compute units. The company is seeking to raise €100 million to scale production and begin serving initial clients, backed by notable investors including former ASML CEO Peter Wennink and Intel microprocessor pioneer Federico Faggin.