German graphene-based chip tech startup Black Semiconductor raises €254m for R&D, pilot production, hiring, and partnerships to reach mass production by 2031.

Germany's Black Semiconductor, a graphene-based chip tech startup, raised €254m ($273m) in a mix of public and private funding. The funds will accelerate R&D, build a pilot production facility in Aachen, hire more engineers and staff, and foster partnerships with major chipmakers and cloud computing companies. The startup aims to reach mass production by 2031, using graphene to potentially enhance semiconductor performance and boost Europe's semiconductor ecosystem.

June 12, 2024
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