Sep. 15 at 1:46 AM
Samsung backed Dutch AI chip startup Euclyd in a
$231 million funding round as investment accelerates in alternatives to Nvidia’s GPUs. The €200 million Series A was co-led by Samsung, Somerset Capital Partners, EQT’s Scaleup Europe Fund and Innovation Industries.
Founded in 2024, Euclyd is developing an AI inference chip system based on a different architecture from GPUs, integrating processor and memory technologies. The company says its systems could lower the energy consumption and infrastructure costs of AI data centers, although its technology has yet to be proven in large-scale commercial deployments.
Euclyd plans to sell complete hardware and rack systems to enterprises seeking secure, self-hosted AI inference, while also licensing its intellectual property to companies developing their own chips. CEO Bernardo Kastrup said Samsung could provide expertise in memory, systems engineering and supply chains in addition to capital.
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