Market Chatter: Dutch Chip Startup Euclyd Seeks at Least $118 Million in Fresh Funding-April 2024-www.financetom.com

Market Chatter: Dutch Chip Startup Euclyd Seeks at Least $118 Million in Fresh Funding

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Market Chatter: Dutch Chip Startup Euclyd Seeks at Least $118 Million in Fresh Funding

Apr 17, 2026 2:03 AM

04:39 AM EDT, 04/17/2026 (MT Newswires) -- Euclyd, a Dutch chip startup backed by a former chief executive of ASML (ASML), is in talks with investors for a potential funding round of at least 100 million euros ($117.8 million), CNBC reported Friday, citing founder Bernardo Kastrup.

Euclyd has already raised under 10 million euros in a seed round and is now seeking fresh capital to scale its technology and start supplying its first customers, according to the report.

Euclyd didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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