Black Semiconductor, a pioneering startup in semiconductors, has recently accomplished a significant milestone in aiding Germany and Europe’s quest for tech sovereignty. The company has successfully raised €254.4 million ($273 million) through a combination of private and public funding, making it one of the largest funding rounds to date for a European semiconductor startup.
The brainchild of brothers Daniel and Sebastian Schall, Black Semiconductor specializes in developing chip-connecting technology based on graphene. With the fresh influx of capital, the company plans to further its research and development efforts, establish a pilot production facility in Aachen, expand its global workforce by hiring skilled engineers, and focus on early-stage business development.
In pursuit of their ambitious goals, Black Semiconductor aims to collaborate with major chip manufacturers including ASML in The Netherlands, as well as leading technology companies involved in cloud computing and hyperscaler services. By forging partnerships with key players in the industry, the startup intends to accelerate chip production on a large scale and cater to the demands of the European market.
This momentous funding round not only reinforces Black Semiconductor’s position in the semiconductor landscape but also highlights the growing emphasis on tech sovereignty among nations. As countries strive to reduce their reliance on external semiconductor suppliers, startups like Black Semiconductor are at the forefront of driving innovation and nurturing homegrown technological capabilities.
In the fast-paced and ever-evolving world of semiconductors, Black Semiconductor’s success serves as a testament to the immense opportunities that lie ahead for Europe’s pursuit of tech sovereignty. With dedicated efforts and continued support, the region has the potential to carve out a leading position in the global semiconductor industry, fostering not only economic growth but also self-reliance in critical technological domains.