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.
“Two other companies each announced nine-figure capital hauls in September: inference chip startup Euclyd and Delos Data...”
“The $231.1M Series A led by Innovation Industries with participation from Samsung and others suggests this is more than a chip project”
“With 35 deals raising $1.3B, the mean ($38.5M) is nearly double the median ($20.0M)”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.