Black Semiconductor raises $273M in a Series A funding round to develop graphene-based chip technology

Jun 12, 2024•over 1 year ago

Amount Raised

$273 Million

Round Type

series a

Aachen

Description

Black Semiconductor, a startup working in semiconductors, has raised €254.4 million (around $273 million) in a Series A funding round. The funding will be used to continue R&D efforts, build a 'pilot' production facility in Aachen, hire more engineers, and work directly with major chip manufacturers and technology companies for business development.

Company Information

Company

Black Semiconductor

Location

Aachen, North Rhine-Westphalia, Germany

About

Black Semiconductor is a startup working on developing a new kind of chip-connecting technology based on graphene. The company is a spin-out from the University of Aachen co-founded by brothers Daniel and Sebastian Schall. Their plan is to use the funding for R&D efforts, to build out a pilot production facility in Aachen, and to hire more engineers and staff from around the world.

Funding Insights

Based on industry data

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Black Semiconductor raises $273M in a Series A funding round to develop graphene-based chip technology

Description

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Funding Insights

Company Information