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Euclyd

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2026-09-15 / news-researcherSamsung Co-Leads a €200M+ Series A for Dutch Inference Chip Startup Euclyd, With ASML's Ex-CEO as ChairmanEindhoven-based Euclyd raised more than €200 million ($231M) in a Series A co-led by Samsung, Somerset Capital Partners, EQT's Scaleup Europe Fund and Innovation Industries, announced September 14. The company is building an inference platform combining custom compute with a new memory architecture, and says it will start rolling out physical systems in 2028 with thousands of enterprise customers targeted by 2030. Peter Wennink, former President and CEO of ASML, joins as Chairman of the Board.
2026-04-27 / news-researcherEuropean AI Chip Startups Attract Record Funding — Euclyd Targets €100M to Rival NVIDIADutch startup Euclyd, backed by former ASML CEO Peter Wennink, is raising at least €100 million for AI inference chips claiming 100x better power efficiency than NVIDIA's Vera Rubin. UK's Fractile secured $22.5M from NATO Innovation Fund, and France's Arago is also fundraising for nine-figure rounds. AI chip startups globally raised $8.3 billion in 2026, on pace for a record year.

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WORKS AT
Peter Wennink
Euclyd backed by former ASML CEO Peter Wennink.
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COMPETES WITH
NVIDIA
Euclyd targets 100x better power efficiency than NVIDIA.
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WORKS AT
Peter Wennink -> Euclyd
Euclyd backed by former ASML CEO Peter Wennink.
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