Black Semiconductor receives funding for the introduction of innovative semiconductor technology in Europe

Black Semiconductor, a spin-off and current partner of the Graphene Flagship, has secured a total of EUR 254.4 million in funding to launch new semiconductor technology in Europe. The German federal government and the State of North-Rhine-Westphalia have committed EUR 228.7 million in funding to support the development of a new generation of chips by Black Semiconductor. This technology company specializes in graphene-based chips and is set to revolutionize the chip industry with its innovative approach.

In addition to government funding, Black Semiconductor has also secured EUR 25.7 million in equity funding from leading investors such as Porsche Ventures, Project A Ventures, Scania Growth Capital, Capnamic, Tech Vision Fonds, and NRW.BANK. These investors join seed round investors Vsquared Ventures, Cambium Capital, and Hermann Hauser’s Onsight Ventures in supporting the company’s growth and development.

The new generation of chip networks developed by Black Semiconductor aims to solve connectivity barriers, increase computing power, and improve efficiency in semiconductor technology. With this funding, the company is well-positioned to enable the first semiconductor mass production based on graphene materials. This is a significant step towards developing the semiconductor value chain in Europe and enhancing the continent’s technological sovereignty.

The capital injection will support product development, graphene production in Europe, and the creation of new high-tech jobs in Aachen, Germany. Black Semiconductor is paving the way for the future of semiconductor technology through its innovative approach and strategic partnerships in the industry.