SiPearl: Final Closing Of €130m Series A With Cathay Venture (Taiwan), EIC Fund and France 2030

MAISONS-LAFFITTE, France, July 9 (Bernama) -- SiPearl, the company building European high-performance energy-efficient processors for supercomputing and AI has achieved the definitive closing of its €130m Series A with a third tranche of €32m.

Seed funded by the European Union, SiPearl was launched in January 2020 under the auspices of the European Processor Initiative consortium which aims to foster the return of high-performance energy-efficient processor technologies in Europe. Since then, the company has fulfilled its mission by building a world-class processor team of 200 employees in France, Spain, and Italy, set up its own sovereign infrastructure with data centres in France equipped with servers and emulators dedicated to semiconductor design. SiPearl has completed the conception of the most complex processor ever designed in Europe, Rhea1. With 80 Arm Neoverse V1 cores, Rhea1 is composed of more than 61bn transistors. Several weeks ago, Rhea1 taped-out and was handed off to the world’s leading foundry, TSMC in Taïwan, for start of manufacturing.