EUCLYD Raises €200M+ to Build Ultra-Efficient AI Infrastructure

Eindhoven-based semiconductor systems company EUCLYD has raised more than €200 million in Series A funding to develop ultra-efficient infrastructure designed to address the growing power, memory, and cost demands of foundation AI models.

The round was co-led by Samsung, Somerset Capital Partners, EQT's Scaleup Europe Fund, and Innovation Industries, with participation from EIFO, imec.xpand, Brabant Development Agency (BOM), and Quadri.

The financing also brings major semiconductor-industry experience to EUCLYD's leadership, with Peter Wennink, former President and CEO of ASML, joining the company as Chairman of the Board.

Tackling AI's efficiency problem

As AI models become larger and more capable, deploying them requires increasing amounts of computing power, memory bandwidth, and data-centre infrastructure.

EUCLYD is building an infrastructure platform designed to improve the efficiency of AI inference by combining custom compute, advanced memory architecture, and data-centre systems.

The company's long-term vision is what it calls "Abundant Intelligence" - making advanced AI less constrained by infrastructure costs, power availability, and geographic limitations.

Building custom AI silicon

At the centre of EUCLYD's roadmap are craftwerk, which the company describes as an agentic AI silicon platform, and craftwerk station CWS, its planned AI infrastructure system.

The company is pursuing a combination of programmable ASIC compute, processor-memory co-design, and system-level optimisation to address the memory and efficiency bottlenecks that can limit AI performance.

Rather than focusing solely on faster processors, EUCLYD is taking a systems-level approach in which compute, memory, and data-centre infrastructure are designed to work together.

Backed by major European and global investors

Samsung is among the leading investors in the round, alongside Somerset Capital Partners, the Scaleup Europe Fund managed by EQT, and Innovation Industries.

The investment also includes support from European technology and development organisations including EIFO, imec.xpand, and Brabant Development Agency.

Samsung Semiconductor Innovation Center head Dede Goldschmidt said EUCLYD's approach addresses important constraints facing AI data centres as AI systems continue to scale.

EQT's Scaleup Europe Fund, meanwhile, is backing EUCLYD as part of its broader effort to support European technology companies capable of competing globally.

ASML veteran joins as chairman

The appointment of Peter Wennink as Chairman adds significant semiconductor and advanced-manufacturing experience to EUCLYD.

Wennink previously served as President and CEO of ASML, one of Europe's most important semiconductor technology companies.

EUCLYD was founded by Bernardo Kastrup and Atul Sinha at High Tech Campus Eindhoven, leveraging the region's semiconductor ecosystem and engineering expertise.

Funding commercial deployment

The new capital will be used to expand EUCLYD's engineering organisation, accelerate its silicon and systems roadmap, strengthen ecosystem partnerships, and prepare its technology for commercial deployment.

The company is targeting enterprise, sovereign, and hyperscale AI markets.

As AI infrastructure becomes one of the largest constraints on deploying increasingly capable models, EUCLYD is betting that improving efficiency at the silicon and systems level can dramatically change the economics of AI inference.