SiPearl, a European chipmaker, has secured €130 million in Series A funding, including investment from Taiwan's Cathay Venture. This investment aims to bolster Europe's technological sovereignty in AI and supercomputing. The funding will support R&D and industrialisation of SiPearl's Rhea1 processor.
The Rhea1 chip, featuring 80 Arm Neoverse V1 cores and over 61 billion transistors, is designed for high-performance computing and AI inference. SiPearl has partnered with TSMC for manufacturing, with the chip expected to be available in early 2026. Rhea1 will power Jupiter, a European exascale supercomputer in Germany, and will be used in other European computing projects.
SiPearl is planning a Series B funding round aiming for €200 million between 2026 and 2028 to support the development of next-generation processors for data centres, AI, and enterprise markets. The company's focus is on creating energy-efficient processors to compete with global tech leaders and ensure European independence in key technology sectors.
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