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Black Semiconductor secures investment to introduce new semiconductor technology in Europe


Black Semiconductor, a technology company specializing in graphene-based chips and a partner of the Graphene Flagship, has received a total of EUR 254.4 million in funding to launch new semiconductor technology in Europe. The German federal government and the State of North-Rhine-Westphalia have committed EUR 228.7 million in funding to drive the development of a new generation of chips by Black Semiconductor. In addition, the company has secured EUR 25.7 million in equity funding led by Porsche Ventures and Project A Ventures, among others. This funding will enable Black Semiconductor to revolutionize the chip industry by overcoming connectivity barriers and enhancing computing power and efficiency.

With this significant influx of capital, Black Semiconductor is poised to introduce semiconductor mass production based on graphene, marking a milestone in Europe’s semiconductor value chain and enhancing technological sovereignty on the continent. The funding will support product development, graphene production in Europe, and the creation of high-tech job opportunities in Aachen, Germany.

The new chip technology developed by Black Semiconductor has the potential to transform the industry and establish Europe as a leader in semiconductor innovation. This investment not only demonstrates confidence in Black Semiconductor’s capabilities but also signifies a major step forward in advancing semiconductor technology in Europe.

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Photo credit graphene-flagship.eu

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