The Berkshire Eagle
EUCLYD Raises Over €200 Million to Break the AI Efficiency Wall
xCruzo Brief
EUCLYD has secured a Series A round of more than €200 million to develop ultra-efficient infrastructure for foundation AI models, aiming to reduce the cost of AI inference. The financing is co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund (managed by EQT) and Innovation Industries, with participation from EIFO (Denmark), imec.xpand, Brabant Development Agency (BOM) and Quadri. Peter Wennink, former President & CEO of ASML, joins as Chairman. Founded in Eindhoven’s High Tech Campus, the company targets “Abundant Intelligence” by focusing on crafted compute, new memory architecture, and datacenter systems, anchored by craftwerk and craftwerk station CWS.
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