Euclyd
Category: AI Chips / Semiconductors
Dutch AI infrastructure startup building ultra-efficient inference silicon (Craftwerk chip) and exascale AI factory systems (CWS) to rival Nvidia GPUs. Euclyd was founded in 2024. The company is led by Bernardo Kastrup. Based in Eindhoven, Netherlands. Team size: 11-50. Total funding raised: $231M. Latest round: Series A. Key investors include Samsung, Somerset Capital Partners, Scaleup Europe Fund (managed by EQT), Innovation Industries, EIFO, imec.xpand, Brabant Development Agency (BOM), Quadri, Steven Schuurman (seed/angel), Federico Faggin (seed/angel), Peter Wennink (seed/angel; now Chairman).
- Founded
- 2024
- Headquarters
- Eindhoven, Netherlands
- Team size
- 11-50
- Total funding
- $231M
Value proposition
Radically more efficient, scalable AI inference compute — programmable ASIC compute plus processor-memory co-design to break the 'memory and efficiency wall' limiting AI performance, enabling lower-power, lower-cost inference at data-center and edge scale.
Products and solutions
Craftwerk (agentic AI silicon/ASIC), Craftwerk Station CWS 32 (low-power exascale AI factory/system)
Unique value
World's first agentic AI silicon (Craftwerk) combined with world's lowest-power exascale AI factory (CWS), targeting radically lower energy and cost per token vs. GPU-based systems
Target customer
Data center operators, hyperscalers, and enterprises seeking Nvidia-alternative AI inference infrastructure across enterprise, sovereign, and hyperscale AI markets
Industries served
AI Infrastructure, Data Centers, Semiconductors
Technology advantage
Programmable ASIC compute + processor-memory co-design + system-level optimization; founding team's prior track record building and selling Silicon Hive to Intel; deep Eindhoven semiconductor ecosystem ties (imec, ASML alumni, TU Eindhoven, High Tech Campus)
How they differentiate
Focus on ultra-low-power, processor-memory co-designed systems aimed at 2028 commercial deployment, backed by Samsung and a consortium of European deep-tech investors plus ex-ASML CEO as Chairman
Main competitors
Groq, Cerebras, SambaNova — all building custom AI inference silicon positioned as Nvidia GPU alternatives
Key partnerships
ADTechnology (Korea's largest semiconductor design house) — chip development partnership for AI datacenter chips, imec / TU Eindhoven chip technology collaboration ecosystem, Ferroelectric Memory Company (FMC, Dresden) — strategic compute+memory collaboration for sovereign AI infrastructure; commercial products targeted from 2029 (announced 15 Sep 2026)
Major milestones
Founded 2024 at High Tech Campus Eindhoven, seed ~€10M from angels incl. Wennink, Faggin, Schuurman (2025), unveiled Craftwerk architecture (Sep 2025), signed development partnership with ADTechnology (Korea, Nov 2025), closed €200M+ Series A co-led by Samsung, Somerset, Scaleup Europe Fund (EQT), Innovation Industries (Sept 15, 2026), appointed Peter Wennink (ex-ASML CEO) as Chairman, announced strategic collaboration with Ferroelectric Memory Company / FMC (Sept 15, 2026), targeting commercial deployment of inference chips by 2028
Market positioning
Emerging European (Dutch) challenger in the AI inference chip market, positioned against US-based Nvidia-alternative players, targeting energy-efficiency as key differentiator
Geographic focus
Europe-headquartered with global ambitions; competing primarily against US-based inference chip startups
About Bernardo Kastrup
Co-founded Silicon Hive (parallel processor company, acquired by Intel); ~15 years at ASML (incl. product strategy); earlier at Philips Research; dual PhDs — computer engineering (Eindhoven University of Technology) and philosophy of mind (Radboud University). Also Executive Director of Essentia Foundation.
Latest news about Euclyd
- Euclyd Details 'Craftwerk' AI Inference Architecture Behind Its Samsung-Backed Series A
- Euclyd's $231M Series A Reveals Two-Pronged Bet: On-Prem AI Hardware and Chip IP Licensing
- Euclyd: Samsung joins €200M Series A for Dutch inference AI chip startup
- EUCLYD raises €200M+ Series A; ex-ASML CEO Wennink named chairman
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Official website: https://euclyd.ai