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Black Semiconductor Raises €254.4 Million for Graphene-based Chip Technology to Boost Tech Sovereignty in Europe

Tech Sovereignty: German Startup Black Semiconductor Raises €254.4 Million for Chip-Connecting Technology

German startup, Black Semiconductor, has recently secured €254.4 million in funding, making it one of the largest investments in a European semiconductor startup to date. The company aims to develop a new chip-connecting technology based on graphene, a material known for its exceptional properties. The funding will be used to continue research and development efforts, establish a pilot production facility, hire additional staff, and further develop business relationships with major chip manufacturers and hyperscaler technology companies.

The Importance of Tech Sovereignty

The funding raised by Black Semiconductor is not only significant due to its size but also because it aligns with the growing priority of tech sovereignty among nations. Tech sovereignty refers to a country’s ability to maintain control and autonomy over its technological infrastructure and capabilities. With technology playing an increasingly crucial role in various sectors, including defense, economy, and communication, many countries are striving to reduce their dependence on foreign technologies. By supporting initiatives like Black Semiconductor, Germany aims to promote its own technological advancements and reduce reliance on external sources.

A Boost for Europe’s Semiconductor Industry

Black Semiconductor’s funding includes a substantial amount of €228.7 million from Germany’s federal government and North-Rhine-Westphalia. This support is based on the “Important Project of Common European Interest” provision, highlighting the European Commission’s commitment to fostering big technological advancements within the continent. By investing in Black Semiconductor, Germany demonstrates its dedication to strengthening Europe’s semiconductor industry and positioning it as a global leader.

Meeting the Demand for Efficient Chip Connectivity

Black Semiconductor’s focus on chip connectivity stems from CEO Daniel Schall’s lifelong fascination with electronics and semiconductors. While many companies excel in chip development, Schall recognized the need for efficient and reliable chip connectivity, especially in scenarios where numerous chips need to work together seamlessly. With most current chip connectivity efforts centered around silicon-based photonics, Schall saw an opportunity to break new ground by commercializing his team’s research on graphene-based photonics.

Improving Efficiency in Computation

Efficiency in computation is a key challenge in the semiconductor industry. Black Semiconductor aims to address this issue by offering technology that enhances efficiency, particularly in data centers used by cloud computing providers. By reducing operating costs, this technology not only improves profit margins but also enables scalability to meet the increasing demand for data usage. Black Semiconductor is actively engaging with potential customers to understand their needs and generate interest, even before the technology is ready for deployment.

Looking Ahead: A Promising Future for Black Semiconductor

With the substantial funding received, Black Semiconductor plans to make significant strides in its research and development efforts. The establishment of a pilot production facility in Aachen will allow the company to refine its technology and work closely with major chip manufacturers across Europe. By 2031, Black Semiconductor aims to bring its first commercial products to market, contributing to Germany’s and Europe’s overall technology sovereignty and positioning them as global leaders in the semiconductor industry.

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