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AIQuiet 11d · day 13

Samsung, ex-ASML chief back Dutch AI chip startup Euclyd in €200M round

Eindhoven-based Euclyd raises a Series A pitched as an efficient alternative to Nvidia GPUs, with former ASML CEO Peter Wennink joining as chairman.

newest coverage 11d agosummary written 12d ago31 pieces1 likes & upvotes NewswiresMastodonHacker News

What to know

  • Euclyd raised a Series A of more than €200 million co-led by Samsung, Somerset Capital Partners, the EQT-managed Scaleup Europe Fund, and Innovation Industries.
  • Former ASML CEO Peter Wennink joins as board chairman, lending industry credibility to the young Eindhoven company.
  • The startup builds custom ASIC compute and memory-architecture systems (craftwerk, craftwerk station CWS) pitched as a lower-cost, lower-power alternative to Nvidia GPUs for AI inference.
  • Funds will go toward expanding engineering, advancing its silicon/systems roadmap, and preparing for enterprise, sovereign, and hyperscale deployment.

“Europe possesses world-class capabilities across semiconductors, advanced manufacturing, and systems engineering. EUCLYD can transform those strengths into a globally competitive AI infrastructure platform.”

Peter Wennink, Chairman of Euclyd, former ASML CEO · PR Newswire ↗ · Sep 14

Bernardo Kastrup Founder and CEO of EuclydAtul Sinha Co-founder of EuclydPeter Wennink Chairman of Euclyd, former ASML CEODede Goldschmidt SVP, Samsung Semiconductor Innovation CenterTed Persson Partner at EQT, co-head of Scaleup Europe Fund

Samsung, ex-ASML chief back Dutch AI chip startup Euclyd in €200M round
livemint.com

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts

Peak 23 pieces in 3h at Sep 15, 1 AM; 31 pieces over 13 days (26 articles · 5 posts) Sep 14, 7 PM — 1 piece · 1 article — Newswires 1Sep 14, 10 PM — 1 piece · 1 article — Newswires 1Sep 15, 1 AM — 23 pieces · 22 articles · 1 post — Newswires 22, Mastodon 1Sep 15, 4 AM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Sep 15, 7 AM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Sep 15, 10 AM — quietSep 15, 1 PM — quietSep 15, 4 PM — 1 piece · 1 post — Hacker News 1Sep 15, 7 PM — quietSep 15, 10 PM — quietSep 16, 1 AM — quietSep 16, 4 AM — quietSep 16, 7 AM — quietSep 16, 10 AM — quietSep 16, 1 PM — 1 piece · 1 post — Mastodon 1Sep 16, 4 PM — quietSep 16, 7 PM — quietSep 16, 10 PM — quietSep 17, 1 AM — quietSep 17, 4 AM — quietSep 17, 7 AM — quietSep 17, 10 AM — quietSep 17, 1 PM — quietSep 17, 4 PM — quietSep 17, 7 PM — quietSep 17, 10 PM — quietSep 18, 1 AM — quietSep 18, 4 AM — quietSep 18, 7 AM — quietSep 18, 10 AM — quietSep 18, 1 PM — quietSep 18, 4 PM — quietSep 18, 7 PM — quietSep 18, 10 PM — quietSep 19, 1 AM — quietSep 19, 4 AM — quietSep 19, 7 AM — quietSep 19, 10 AM — quietSep 19, 1 PM — quietSep 19, 4 PM — quietSep 19, 7 PM — quietSep 19, 10 PM — quietSep 20, 1 AM — quietSep 20, 4 AM — quietSep 20, 7 AM — quietSep 20, 10 AM — quietSep 20, 1 PM — quietSep 20, 4 PM — quietSep 20, 7 PM — quietSep 20, 10 PM — quietSep 21, 1 AM — quietSep 21, 4 AM — quietSep 21, 7 AM — quietSep 21, 10 AM — quietSep 21, 1 PM — quietSep 21, 4 PM — quietSep 21, 7 PM — quietSep 21, 10 PM — quietSep 22, 1 AM — quietSep 22, 4 AM — quietSep 22, 7 AM — quietSep 22, 10 AM — quietSep 22, 1 PM — quietSep 22, 4 PM — quietSep 22, 7 PM — quietSep 22, 10 PM — quietSep 23, 1 AM — quietSep 23, 4 AM — quietSep 23, 7 AM — quietSep 23, 10 AM — quietSep 23, 1 PM — quietSep 23, 4 PM — quietSep 23, 7 PM — quietSep 23, 10 PM — quietSep 24, 1 AM — quietSep 24, 4 AM — quietSep 24, 7 AM — quietSep 24, 10 AM — quietSep 24, 1 PM — quietSep 24, 4 PM — quietSep 24, 7 PM — quietSep 24, 10 PM — quietSep 25, 1 AM — quietSep 25, 4 AM — quietSep 25, 7 AM — quietSep 25, 10 AM — quietSep 25, 1 PM — quietSep 25, 4 PM — quietSep 25, 7 PM — quietSep 25, 10 PM — quietYesterday, 1 AM — quietYesterday, 4 AM — quietYesterday, 7 AM — quietYesterday, 10 AM — quietYesterday, 1 PM — quietYesterday, 4 PM — quietYesterday, 7 PM — quietYesterday, 10 PM — quietToday, 1 AM — quietToday, 4 AM — quietToday, 7 AM — quietToday, 10 AM — quietToday, 1 PM — quietToday, 4 PM — quietToday, 7 PM — quietToday, 10 PM — quiet 1–2
Sep 15Sep 16Sep 17Sep 18Sep 19Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25yesterdaynow · 11:07 PM ET
  1. 2

    Coverage frames Euclyd as European challenger to Nvidia

    EU-Startups and other outlets describe the round as positioning Euclyd as a European contender in the global push to make AI computing cheaper and more energy-efficient, built around its craftwerk chip and craftwerk station CWS systems.

    “AI is becoming a foundation of economic growth, scientific discovery, and national competitiveness, but its potential will remain constrained unless we fundamentally change the infrastructure beneath it.”
    — Bernardo Kastrup, Founder and CEO of Euclyd · source
    1. 1 outlet Dutch AI chip startup EUCLYD lands over €200 million Series A, taps ex-ASML chief Peter Wennink as Chairman

      first by EU-Startups, 12d ago

    • TheByteAttic@mastodon.nl

      Nice writeup, Kai, thanks! https://www. cnbc.com/2026/09/14/samsung-eu clyd-ai-chip-funding.html

      TheByteAttic@mastodon.nlMastodon11d agoview on Mastodon ↗
  2. background

    Euclyd announces €200M+ Series A, names Wennink chairman — Euclyd formally announces a Series A of over €200 million co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund and Innovation Industries, with EIFO, imec.xpand, BOM and Quadri also participating; former ASML CEO Peter Wennink joins as board chairman.

  3. 1

    CNBC reports Samsung-led funding for Nvidia rival Euclyd

    CNBC reports that Samsung has backed Dutch inference-chip startup Euclyd in a $230 million (€200M+) funding round, framing it as part of a wider boom in alternatives to Nvidia GPUs.

    1. 7 outlets Samsung Is Betting On An Alternative To Nvidia. Dutch AI Chip Startup Euclyd Just Raised $231 Million.

      first by International Business Times, 12d ago · also DatacenterDynamics, Tech in Asia, SammyGuru, The Stack, Livemint, Quartz

      6 more headlines
    2. 1 outlet Samsung Bets on Euclyd as AI Chip Race Broadens Beyond Nvidia

      first by Businesskorea, 12d ago

    3 more claims →
  4. background

    Kastrup and Sinha found Euclyd in Eindhoven — Euclyd is founded at High Tech Campus Eindhoven by Bernardo Kastrup and Atul Sinha to build semiconductor systems for foundation AI models.

Also covered reported alongside — the timeline has no entry for these yet

  1. 3 outlets Euclyd raises $230M+ to develop chips for AI agents

    first by SiliconANGLE, 12d ago · also Telecompaper, Bloomberg

    3 more headlines
  2. 3 outlets EUCLYD raises over 200 million EUR Series A to build ultra-efficient infrastructure for foundation AI models

    first by Startup.eu, 12d ago · also Pulse 2.0, EUCLYD

    2 more headlines
  3. 3 outlets EUCLYD Raises Over €200M Series A to Accelerate AI Silicon Roadmap

    first by Unite.AI, 12d ago · also FinSMEs, CNBC

    2 more headlines

and 1 smaller piece