Eindhoven-based semiconductor systems company EUCLYD has raised more than €200 million in a Series A financing round co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund, managed by EQT, and Innovation Industries, with participation from EIFO, imec.xpand, Brabant Development Agency (BOM), and Quadri.
- Founded in 2024 by Bernardo Kastrup and Atul Sinha, EUCLYD develops semiconductor systems designed to improve the efficiency of infrastructure powering foundation AI models.
- Its platform combines custom compute, memory architecture, and datacenter systems to reduce the cost, energy consumption, and physical footprint of AI infrastructure.
- The company’s technology roadmap includes craftwerk, an AI silicon architecture, and craftwerk station CWS, a system designed for large-scale AI workloads.
Details of the deal
- The fresh capital will be used to expand EUCLYD’s engineering organization, accelerate its silicon and systems roadmap, strengthen ecosystem partnerships, and prepare for commercial deployment across enterprise, sovereign, and hyperscale AI markets.
- EUCLYD is targeting a market facing growing demand for compute, memory capacity, and datacenter infrastructure as the deployment of foundation AI models expands. The company aims to address these constraints through more efficient hardware and system-level optimization.
