EUCLYD Raises €200 Million for AI Infrastructure Breakthrough

EUCLYD, a European semiconductor systems company, has raised over €200 million to develop infrastructure for foundation AI models. The funding will support the company's mission to break the efficiency wall in AI deployment, making advanced AI more accessible and cost-effective.

Founded by Bernardo Kastrup and Atul Sinha at High Tech Campus Eindhoven, EUCLYD aims to revolutionize AI inference economics by combining crafted compute, innovative memory architecture, and datacenter systems. The company's long-term vision is Abundant Intelligence, a future where advanced AI is no longer constrained by infrastructure costs, power availability, or geography.

At the core of EUCLYD's technology roadmap is craftwerk, the world's first agentic AI silicon, and craftwerk station CWS, the world's lowest-power exascale AI factory. These innovations are designed to overcome the memory and efficiency walls that currently limit AI performance and scalability. Craftwerk station CWS is expected to significantly reduce the cost per token and enhance the efficiency of AI operations.

According to Bernardo Kastrup, Founder and CEO of EUCLYD, "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. This financing accelerates our mission to make intelligence abundant through greater efficiency, lower cost per token, and broader access to advanced AI."

The investment comes from a diverse group of investors, including the Scaleup Europe Fund, Somerset Capital Partners, Innovation Industries, EIFO, and imec.xpand. Dede Goldschmidt, Senior Vice President of Samsung Electronics and Head of the Samsung Semiconductor Innovation Center, praised EUCLYD's vision, stating, "The next phase of AI will be defined not only by model innovation but also by the efficiency and scalability of its infrastructure. EUCLYD combines an accomplished team with a differentiated vision addressing constraints in AI datacenters."

Peter Wennink, Chairman of the Board of EUCLYD and former President and CEO of ASML, emphasized the company's potential, saying, "Europe has the engineering talent to produce globally significant technology companies. EUCLYD combines deep semiconductor expertise with a mission to tackle some of the hardest constraints in AI infrastructure. That mix of European engineering depth and global ambition is what we're here to back."

The financing will expand EUCLYD's engineering organization, accelerate its silicon and systems roadmap, strengthen ecosystem partnerships, and prepare the company for commercial deployment across enterprise, sovereign, and hyperscale AI markets. With its focus on reducing cost, energy use, and footprint, EUCLYD aims to transform the landscape of AI infrastructure, making advanced AI more accessible to a broader range of users.