EUCLYD Secures Over €200 Million in Funding to Develop Ultra-Efficient AI Infrastructure and Agentic AI Silicon
EUCLYD, a Netherlands-based company, has closed a Series A financing round exceeding €200 million. The funding, co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund, and Innovation Industries, will accelerate the development of ultra-efficient infrastructure for foundation AI models. Key to their roadmap are 'craftwerk,' described as the world's first agentic AI silicon, and 'craftwerk station CWS,' an exascale AI factory, aiming to overcome efficiency and memory limitations in AI.
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