Project A Ventures
Assembly Line
Black Semiconductor closes €254M for next-gen graphene-based chip tech
Germany’s Black Semiconductor, a startup in the next-generation chip technology sector, has announced €254 million in Series A funding. This is one of the largest funding for a deep tech company manufacturing chips in Europe to date. Of this, €228.7 million in 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. Alongside the public funding, the company has secured an additional €25.7 million in equity funding.
The round was led by Porsche Ventures and Project A Ventures, with participation from leading venture capital firms, corporates, and industry leaders including Scania Growth, Capnamic, Tech Vision Fonds, and NRW.BANK, joining the seed round investors Vsquared Ventures, Cambium Capital, and Hermann Hauser’s Onsight Ventures.
With the fresh capital, Black Semiconductor will accelerate its R&D initiatives and establish pilot line manufacturing capabilities in Aachen, Germany, an important step towards fulfilling its long-term goal of producing and implementing high-quality graphene in Europe. The company plans to inaugurate a pilot manufacturing facility in Aachen by 2026, demonstrating the seamless integration of graphene into electronic chips.