Financing accelerates development of ultra-efficient infrastructure for foundation AI models

EINDHOVEN, Netherlands, Sept. 15, 2026 /PRNewswire/ -- EUCLYD has signed a Series A financing round of more than €200 million, the company announced today. The round is co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund, which is managed by EQT, and Innovation Industries, with participation from EIFO, the Export and Investment Fund of Denmark, imec.xpand, Brabant Development Agency (BOM), and Quadri. Peter Wennink, former President & CEO of ASML, joins EUCLYD as Chairman of the Board.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.