Euclyd Raises €200M; Samsung Funds and Builds Its Rival Chip for Nvidia Inference

Startup Euclyd closed a Series A round of over €200 million, with Samsung and Scaleup Europe Fund as co-investors. The company is developing the CRAFTWERK inference chip, claiming 100x energy efficiency compared to Nvidia Vera Rubin; the figure has not been independently confirmed. Former ASML CEO Peter Wennink became chairman of the board.

• Series A round exceeded €200M, co-investors Samsung and Scaleup Europe Fund
• CRAFTWERK inference chip promises 100x energy efficiency vs Nvidia Vera Rubin
• Claimed efficiency not yet confirmed by independent tests
• Board chaired by former ASML CEO Peter Wennink