Dutch AI chip startup EUCLYD lands over €200 million Series A, taps ex-ASML chief Peter Wennink as Chairman

EUCLYD, an Eindhoven-based semiconductor systems startup, has raised a Series A funding round of more than €200 million to accelerate development of “ultra-efficient” infrastructure for foundation AI models. The round was co-led by Samsung, Somerset Capital Partners, the EQT-managed Scaleup Europe Fund, and Innovation Industries. Additional backing came from EIFO (Denmark’s export and investment fund), […] The post Dutch AI chip startup EUCLYD lands over €200 million Series A, taps ex-ASML chief Peter Wennink as Chairman appeared first on EU-Startups.