TLDR:
Black Semiconductor, based in Aachen, secures €254.4 million in funding to develop next-generation chip technology using graphene material. The funding includes public funding from the German Ministry of Economic Affairs and Climate Action, as well as additional equity funding.
Article Summary:
Black Semiconductor, a pioneer in next-generation chip technology, has announced a €228.7 million funding round. The company secured public funding from the German Ministry of Economic Affairs and Climate Action and the state of North Rhine-Westphalia over the next 7 years under IPCEI ME/CT, in addition to €25.7 million in equity funding. The round was led by Porsche Ventures and Project A Ventures.
Founded in 2020 by Dr. Daniel Schall and Sebastian Schall, Black Semiconductor is developing chip networks using graphene material. These new chip networks aim to improve data communication between chips, enhance performance, increase energy efficiency, and reduce manufacturing costs through 60% fewer production steps.
With the funding, Black Semiconductor plans to advance its new chip technology from research to mass production by 2031. The company will establish a pilot line manufacturing facility in Aachen by 2026, integrate graphene into electronic chips, and create 90 new high-tech positions to expand its workforce.
Uwe Horstmann of Project A emphasized the importance of achieving independence in key enabling technologies such as semiconductors to ensure Europe’s autonomy and economic stability. Patrick Huke of Porsche Ventures highlighted the opportunity for Black Semiconductor to strengthen the European chip ecosystem with its photonics technology.
