Graphene Flagship spin-off and current partner Black Semiconductor has secured €254.4 million in funding to launch a new semiconductor technology in Europe.
The German federal government and the state of North Rhine-Westphalia have pledged 228.7 million euros in funding to promote a new generation of chips developed by Black Semiconductor, a technology company specializing in graphene-based chips.
The company also secured €25.7 million in equity funding led by Porsche Ventures and Project A Ventures, with participation from Scania Growth Capital, Capnamic, Tech Vision Fonds and NRW.BANK, along with seed round investors Vsquared Ventures, Cambium Capital and Hermann Hauser’s Onsight Ventures.
A new generation of chip networks is set to transform the chip industry, solving connectivity barriers and doubling computing power and efficiency.
With this funding, Black Semiconductor is well positioned to enable the mass production of the first semiconductors based on the material graphene, a key step towards the development of the semiconductor value chain in Europe and strengthening the continent’s technological sovereignty. This capital injection will accelerate product development and promote graphene production in Europe and the creation of new high-tech jobs in Aachen, Germany.
Black Semiconductor’s graphene photonic wafer during the probing process.
Photo: Jem Salak Engin
