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Overview
Euclyd, a Dutch startup founded in 2024 by former ASML director Bernardo Kastrup, is seeking to raise at least €100 million to scale its AI inference chip technology, Craftwerk. The company aims to address the lack of next-generation inference silicon in Europe, claiming its system offers 100 times greater power efficiency than Nvidia's latest chips. Key backers include former ASML CEO Peter Wennink and semiconductor pioneer Federico Faggin. Euclyd is in talks with four potential clients, planning to deliver to two next year.
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Investors: Peter Wennink, Federico Faggin
Euclyd, a Dutch startup founded in 2024 by former ASML director Bernardo Kastrup, is seeking to raise at least €100 million to scale its AI inference chip technology, Craftwerk. The company aims to address the lack of next-generation inference silicon in Europe, claiming its system offers 100 times greater power efficiency than Nvidia's latest chips. Key backers include former ASML CEO Peter Wennink and semiconductor pioneer Federico Faggin. Euclyd is in talks with four potential clients, planning to deliver to two next year.