Black Semiconductor raises $273M in a Series A funding round to develop graphene-based chip technology
Black Semiconductor raises $273M in a Series A funding round to develop graphene-based chip technology
06/12/24, 7:07 AM
Location
aachenMoney raised
$273 million
Round Type
series a
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 Info
Location
aachen, north rhine-westphalia, germany
Additional Info
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.