Euclyd raised over $230 million to scale its AI inference platform, which aims to reduce the cost and latency of large-language-model serving.

Euclyd has raised over $230 million (over €200 million) to create abundant inference at low costs. As foundation models grow more capable, deploying them requires more power, memory bandwidth, and capital while adding infrastructure complexity. Eindhoven, Netherlands-based Euclyd is developing a platform spanning crafted compute, innovative memory architecture, and datacenter systems to break this efficiency wall and transform AI inference economics.

The funding round was co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund (managed by EQT), and Innovation Industries. Additional investors include EIFO (Export and Investment Fund of Denmark), imec.xpand, Brabant Development Agency (BOM), and Quadri. Peter Wennink, former President & CEO of ASML, has joined Euclyd as Chairman of the Board. The company announced the funding at the AI Infra Summit in Santa Clara, California.

Euclyd was founded by Bernardo Kastrup and Atul Sinha at High Tech Campus Eindhoven, Europe's smartest square kilometer, drawing on the campus's semiconductor ecosystem and Europe's engineering heritage. The company's long-term vision is Abundant Intelligence: a future in which advanced AI is no longer constrained by infrastructure cost, power availability, or geography.

Central to Euclyd's roadmap are craftwerk, the world's first agentic AI silicon, and craftwerk station CWS, the world's lowest-power exascale AI factory. The platform combines programmable ASIC compute, processor-memory co-design, and system-level optimization to overcome the memory and efficiency walls limiting AI performance and scalability.

"AI is becoming a foundation of economic growth, scientific discovery, and national competitiveness, but its potential will remain constrained unless we fundamentally change the infrastructure beneath it," said Bernardo Kastrup, CEO of Euclyd. "This financing accelerates our mission to make intelligence abundant through greater efficiency, lower cost per token, and broader access to advanced AI."

"The next phase of AI will be defined not only by model innovation, but also by the efficiency and scalability of its infrastructure," said Dede Goldschmidt, Senior Vice President of Samsung Electronics and Head of the Samsung Semiconductor Innovation Center. "Euclyd combines an accomplished team with a differentiated vision addressing constraints in AI datacenters."

"Europe has the engineering talent to produce globally significant technology companies," said Ted Persson, Partner at EQT and Co-Head of the Scaleup Europe Fund. "Euclyd combines deep semiconductor expertise with a mission to tackle some of the hardest constraints in AI infrastructure. That mix of European engineering depth and global ambition is what we're here to back."

"Europe possesses world-class capabilities across semiconductors, advanced manufacturing, and systems engineering," said Peter Wennink, Chairman of Euclyd's Board and former President and CEO of ASML. "Euclyd can transform those strengths into a globally competitive AI infrastructure platform."

The financing will expand Euclyd's engineering organization, accelerate its silicon and systems roadmap, strengthen ecosystem partnerships, and prepare the company for commercial deployment across enterprise, sovereign, and hyperscale AI markets.