Samsung Co-Leads €200M Round for Dutch Chip Startup Euclyd — SkimNews
Get the Tech newsletter
Daily tech — startups, AI labs, chips, the launches that shape the next decade. Free.
- Euclyd raised a €200M+ Series A round co-led by Samsung, Somerset Capital, Scaleup Europe Fund, and Innovation Industries.
- The funding equates to roughly $231 million, with Samsung's co-lead role underscoring its push into alternative AI inference hardware beyond dominant GPU architectures.
Why it matters: Samsung co-leading a nine-figure round into a Netherlands-based inference chip startup — rather than backing a US-based rival — reflects the broader investment surge in alternative AI silicon, handing Euclyd the capital scale needed to build out competitive inference hardware.
Ask SkimNews
