Six companies.
€500M+ raised.

France · Spain

SiPearl is developing the Rhea™ processor: a high-performance, energy-efficient CPU designed for exascale computing. As the silicon engine behind Europe's EuroHPC programme, SiPearl's fully fabless model — architecture and design in-house, manufacturing at TSMC — demonstrates that Europe can produce world-leading processor technology. With one of the largest Series A rounds ever raised by a European fabless company (€130M), SiPearl brings both technical credibility and fundraising experience to the association.

Spain (Barcelona)

Semidynamics is rewriting the rules of AI inference with its Cervell™ NPU — a RISC-V-based neural processing unit built from the ground up for machine learning workloads, including large language models. The company's proprietary Gazzillion Misses Memory technology addresses one of the core bottlenecks in modern AI compute. Semidynamics combines deep open-source architecture expertise with a proven track record in European cooperative programmes including EPI and IPCEI.

France

VSORA was founded by DSP and AI veterans who understood that the data centre needs a new kind of silicon. Their Jotunn8 platform targets AI inference at data-centre scale, combining high throughput with cost efficiency in a pure fabless model. VSORA's deep expertise in safety-critical signal processing gives the association a strong voice in automotive and telecommunications applications.

Italy (Pavia)

Inventvm brings precision analogue and mixed-signal expertise to the consortium. Founded in 2017 and based in Pavia, the company designs ICs for power management, battery management, and audio applications — serving tier-1 customers in Europe, the US, and Asia across both consumer and automotive markets. With approximately five patents filed per year and three new microchips developed annually, Inventvm demonstrates that deep technical rigour and commercial success are fully compatible in European fabless.

Netherlands (Eindhoven)

Axelera AI has done what many said was impossible: built a production-grade AI acceleration platform in Europe, from concept to silicon to developer-ready toolchain, in record time. With more than 200 employees across 15 EU countries and a fully fabless model anchored in Eindhoven, Axelera AI is the living proof that European deep-tech SMEs can compete at the frontier of AI hardware. Their HW/SW integrated platform — hardware, compiler, runtime, and tools — is deployed in industrial automation and edge AI applications.

Spain

Quside is pioneering a technology that will underpin the security of the digital economy: certifiable quantum randomness. Their photonic integrated circuit-based Quantum Random Number Generators (QRNGs) are already deployed in leading European supercomputing centres including BSC, providing the high-quality entropy that underpins encryption, simulation, and post-quantum cryptography. Quside is also advancing the Randomness Processing Unit (RPU) concept — an accelerator for stochastic workloads from Monte Carlo simulation to post-quantum algorithms.