Black Semiconductor secures funding to launch new semiconductor expertise in Europe

Black Semiconductor, a spin-off and present companion of the Graphene Flagship, secures EUR 254.4 million in funding to launch new semiconductor expertise in Europe.

The German federal authorities and the State of North-Rhine-Westphalia commit EUR 228.7 million in funding to drive a brand new era of chips developed by Black Semiconductor, a expertise firm specialising in graphene-based chips.

The corporate has additionally secured EUR 25.7 million in fairness funding led by Porsche Ventures and Mission A Ventures, with participation from Scania Progress Capital, Capnamic, Tech Imaginative and prescient Fonds, NRW.BANK, becoming a member of seed spherical traders Vsquared Ventures, Cambium Capital, and Hermann Hauser’s Onsight Ventures.

Set to remodel the chip trade, a brand new era of chip networks will remedy connectivity obstacles and multiply computing energy and effectivity.

With the funding, Black Semiconductor is positioned to allow the primary semiconductor mass manufacturing based mostly on the fabric graphene. This is a crucial step in the direction of growing the semiconductor worth chain in Europe, enhancing the continent’s technological sovereignty. The capital injection facilitates product improvement, together with graphene manufacturing in Europe and the creation of latest high-tech jobs in Aachen, Germany.

Black Semiconductor's graphene-fotonic wafer in probing process.

Black Semiconductor’s graphene-fotonic wafer in the course of the probing course of.

Photograph: Cem Sarac Engin

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