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Euclyd - About the company

Euclyd is a series A company based in Eindhoven (Netherlands), founded in 2024 by Ingolf H, Ingolf H., Gerard Egelmeers, Bernardo Kastrup, Bernardo Kastrup, Harm Peters and Atul Sinha. It operates as a Developer of silicon systems for foundation artificial intelligence models and infrastructure. Euclyd has raised $231M in funding from investors like Samsung, Innovation Industries and EQT. The company has 114 active competitors, including 46 funded and 10 that have exited. Its top competitors include companies like Biren Technology, EdgeCortix and Groq.

Company Details

Developer of silicon systems for foundation artificial intelligence models and infrastructure. The company focuses on reducing the energy, cost, and footprint of artificial intelligence datacenter infrastructure. It rethinks every layer of the stack, from custom neural processors to memory architecture and system-level design. The company builds environmentally conscious and socially responsible artificial intelligence solutions.
Website
euclyd.ai
Email ID
*****@euclyd.ai
Key Metrics
Founded Year
2024
Location
Eindhoven, Netherlands
Stage
Series A
Total Funding
$231M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
26 as on Sep 30, 2026
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Euclyd's funding and investors

Euclyd has raised a total funding of $231M over 1 round. Its latest funding round was a Series A round on Sep 15, 2026 for $*****. 8 investors participated in its latest round. Euclyd has 8 institutional investors.

Here is the list of recent funding rounds of Euclyd:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 15, 2026
1915846
Series A
9888804
7839579
5459570
5096808
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Euclyd's founders and board of directors

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Here are the details of Euclyd's key team members:

Euclyd's employee count trend

Euclyd has 26 employees as of Sep 26. Here is Euclyd's employee count trend over the years:
Employee count trend for Euclyd
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Euclyd's Competitors and alternates

Top competitors of Euclyd include Biren Technology, EdgeCortix and Groq. Here is the list of Top 10 competitors of Euclyd, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Biren Technology
Biren Technology
2019, Minhang (China), Public
Developer of AI acceleration modules, cards, and software development platforms
$904M
71/100
2nd
Logo for EdgeCortix
EdgeCortix
2019, Chuo (Japan), Series B
Developer of energy-efficient AI processors, accelerators, modules, cards, and systems
$138M
70/100
3rd
Logo for Groq
Groq
2016, Mountain View (United States), Series E
Developer of specialized hardware processors for artificial intelligence inference workloads
$2.77B
68/100
4th
Logo for Celestial AI
Celestial AI
2020, Santa Clara (United States), Acquired
Developer of optical interconnect technology for artificial intelligence infrastructure systems
$589M
67/100
5th
Logo for Axelera AI
Axelera AI
2021, Eindhoven (Netherlands), Series C
Manufacturer of hardware accelerators and software for artificial intelligence inference
$450M
67/100
6th
Logo for Cerebras
Cerebras
2015, Sunnyvale (United States), Public
Provider of high-performance AI infrastructure and wafer-scale computing solutions
$2.82B
66/100
7th
Logo for MatX
MatX
2022, Mountain View (United States), Series B
Provider of custom high-throughput chips specifically optimized for training and serving Large Language Models
$620M
65/100
8th
Logo for Netrasemi
Netrasemi
2020, Thiruvananthapuram (India), Series A
Developer of system-on-chips and chiplet architectures for edge computing applications
$14.6M
65/100
9th
Logo for Rebellions
Rebellions
2020, Seongnam (South Korea), Series D
Developer of hardware and software solutions for artificial intelligence inference
$861M
64/100
10th
Logo for Preferred Infrastructure
Preferred Infrastructure
2014, Tokyo (Japan), Series D
Developer of AI infrastructure, foundation models, and product solutions
$281M
63/100
29th
Logo for Euclyd
Euclyd
2024, Eindhoven (Netherlands), Series A
Developer of silicon systems for foundation artificial intelligence models and infrastructure
$231M
49/100
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Euclyd's Investments and acquisitions

Euclyd has made no investments or acquisitions yet.

Reports related to Euclyd

Here is the latest report on Euclyd's sector:

News related to Euclyd

Media has covered Euclyd for a total of 7 events in the last 1 year.
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