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Openchip

Builds AI hardware and semiconductor technology aimed at strengthening Europe’s domestic chip capabilities.

AI Hardware
General
Total Raised
$115M
Last Valuation
$767M
Headquarters
Europe

Overview

Openchip is a Spain-based AI hardware company focused on semiconductor technology. Its work is positioned around expanding Europe’s chip capabilities, a strategic priority as demand for AI infrastructure and domestic compute supply grows. The company raised a €115 million SETT investment in an undisclosed round announced in June 2026. The financing is intended to strengthen Europe’s semiconductor capacity and supports Openchip’s role in the regional AI hardware ecosystem.

Funding History

1 round · Jun 2026
$115M
Total Raised
1
Valuation: $767M
Cumulative: $115M

Spain’s Openchip lands €115 million SETT investment to strengthen Europe’s semiconductor capabilities

Investors not disclosed
Source

Frequently Asked Questions

How much has Openchip raised in total?
Openchip has raised a total of $115M across 1 funding round.
Who are Openchip's investors?
Openchip's investors include Undisclosed.
What does Openchip do?
Openchip is a Spain-based AI hardware company focused on semiconductor technology. Its work is positioned around expanding Europe’s chip capabilities, a strategic priority as demand for AI infrastructure and domestic compute supply grows. The company raised a €115 million SETT investment in an undisclosed round announced in June 2026. The financing is intended to strengthen Europe’s semiconductor capacity and supports Openchip’s role in the regional AI hardware ecosystem.
Where is Openchip headquartered?
Openchip is headquartered in Europe.