Black Semiconductor raises one of the largest funding rounds for a #deeptech company manufacturing chips in Europe to date: €254.5 million. This is a massive step to bring back much-needed technological sovereignty to Europe and ensure resilience in key enabling technologies and supply chains. Black Semiconductor is developing a new way to build networks of chips leveraging a novel material: graphene. The company’s technology and hardware facilitate optical chip-to-chip connections, allowing chips to interact almost as if they were one. This new generation of chip networks will solve connectivity barriers and multiply computing power and efficiency to enable efficient data centers, generative and embedded AI, and autonomous driving. €228.7 million public funding come from the Bundesministerium für Wirtschaft und Klimaschutz and Ministerium für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW over the next 7 years under the IPCEI ME/CT program. Additionally, €25.7 million were raised in private funding co-led by Project A, Porsche Ventures and other renowned investors. Having already backed their seed round, we’re excited to continue to support the company on this path to technological sovereignty and mass production in Europe. East Hill Equity - Managing Scania Growth Capital, Capnamic, TVF | TechVision Fonds, NRW.BANK.,Vsquared Ventures, Cambium Capital Management, Onsight Ventures.
Very nice. The ELAt - Eindhoven-Leuven-Aachen triangle - is one of the globally leading regions in deep tech.
Massive. Congrats Florian Heinemann and team. BTW, their rhetoric is in good hands… 🙌
Great Going Black Semiconductor Team. 👏
you can write us a PM
Congrats to all stakeholders! Great news Black Semiconductor!
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We are beyond excited to start the next big leap with Project A!