Euclyd has closed a Series A round of more than €200 million to build an AI infrastructure that is significantly more efficient in both computing and energy use, with a commercial rollout targeted for 2028. Samsung is among the investors backing the Dutch startup, and Peter Wennink, the former CEO of ASML, is joining its board as chairman.
Founded in Eindhoven, Euclyd is positioning itself around what it describes as the next major constraint in artificial intelligence: the “efficiency wall.” The company aims to develop infrastructure capable of delivering AI performance with far lower power consumption and compute requirements than current systems, a pitch that comes as demand for AI hardware and data-center capacity continues to surge.
The funding round gives Euclyd substantial resources to advance its technology and move toward market deployment over the next few years. The involvement of Samsung and the addition of Wennink, a highly respected figure in Europe’s semiconductor ecosystem, also signal strong industrial and strategic interest in the startup’s approach.