Netherlands-based inference chip startup Euclyd raised a €200M+ Series A co-led by Samsung, Somerset Capital, Scaleup Europe Fund, and Innovation Industries (Kai Nicol-Schwarz/CNBC)

Netherlands-based inference chip startup Euclyd recently secured over €200M in a Series A funding round. This significant investment was co-led by Samsung, Somerset Capital, Scaleup Europe Fund, and Innovation Industries. The funding, equivalent to $231 million, highlights a growing trend of investment in alternatives to Nvidia's graphic processing units, particularly within the AI chipmaking sector.