EUCLYD Raises €200 Million to Break the AI Efficiency Wall With More Efficient Chips
EUCLYD, an Eindhoven-based startup building low-power AI chips and energy-efficient AI data centres, raised more than €200 million in a Series A led by Samsung, Somerset Capital Partners, EQT’s Scaleup Europe Fund and Innovation Industries. The funding will accelerate chip development, hiring and commercialisation for products Craftwerk and Craftwerk Station.