# Netherlands-based inference chip startup Euclyd raised a €200M+ Series A co-led by Samsung, Somerset Capital, Scaleup Europe Fund, and Innovation Industries (Kai Nicol-Schwarz/CNBC)

> Euclyd, a Netherlands-based startup building inference chips, has raised more than two hundred million euros in a Series A, an unusually large first institutional round that signals how much appetite there is for alternatives to the dominant AI silicon. The raise was co-led by Samsung alongside Somerset Capital, the Scaleup Europe Fund and Innovation Industries. Inference, the work of actually running trained AI models to answer queries, has become the part of the AI stack where cost and energy really add up at scale. That has opened room for challengers promising chips tuned specifically for serving models efficiently, rather than the general-purpose accelerators that power training. Samsung's involvement is notable, giving the young company both capital and a heavyweight industrial partner. The deal also fits a broader push to build serious AI hardware capacity in Europe, which has watched most of the value in this boom accrue to American and Asian firms. Whether Euclyd can convert a big early round into shipping, competitive silicon is the real test, but the size of the bet shows investors are still hunting for the next contender in AI infrastructure.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: Techmeme · Published Tuesday, September 15, 2026_

## Wortins' read

Euclyd, a Netherlands-based startup building inference chips, has raised more than two hundred million euros in a Series A, an unusually large first institutional round that signals how much appetite there is for alternatives to the dominant AI silicon. The raise was co-led by Samsung alongside Somerset Capital, the Scaleup Europe Fund and Innovation Industries. Inference, the work of actually running trained AI models to answer queries, has become the part of the AI stack where cost and energy really add up at scale. That has opened room for challengers promising chips tuned specifically for serving models efficiently, rather than the general-purpose accelerators that power training. Samsung's involvement is notable, giving the young company both capital and a heavyweight industrial partner. The deal also fits a broader push to build serious AI hardware capacity in Europe, which has watched most of the value in this boom accrue to American and Asian firms. Whether Euclyd can convert a big early round into shipping, competitive silicon is the real test, but the size of the bet shows investors are still hunting for the next contender in AI infrastructure.

## Source

[Read the full story at Techmeme](https://www.techmeme.com/260915/p3#a260915p3)

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