Black Semiconductor Raises $275 Million to Advance Graphene-Based Chip Tech

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AACHEN, Germany, June 13, 2024 — Graphene chip developer Black Semiconductor has raised €254.4 million (~$275.4 million) in funding. The startup is developing a method to build networks of graphene-based chips to speed network communications and facilitate optical chip-to-chip connections. The company said that it plans to use the funding to accelerate R&D initiatives, establish pilot line manufacturing capabilities, and boost the company’s workforce.

Specifically, the investment will enable the company to advance its 300-mm wafer pilot production facility, according to company co-founder and CEO Daniel Schall. The company plans to open a pilot manufacturing facility in Aachen, Germany, by 2026 to demonstrate integration of graphene into electronic chips, with mass production planned for 2031. According to Black Semiconductor, the platform provides a significant lowering of manufacturing costs by reducing the number of production steps by more than half. The technology has applications in data centers, generative and embedded AI, and autonomous driving.

Black Semiconductor's funding breakdown comprises €228.7 million in public funding from the German Ministry of Economic Affairs and Climate Action and the state of North Rhine-Westphalia over the next seven years. Alongside the public funding, the company secured an additional €25.7 million in equity funding. The round was led by Porsche Ventures and Project A ventures, with participation from Scania Growth Capital, Capnamic, Tech Vision Fonds, and NRW.BANK.

Published: June 2024
integrated photonics
Integrated photonics is a field of study and technology that involves the integration of optical components, such as lasers, modulators, detectors, and waveguides, on a single chip or substrate. The goal of integrated photonics is to miniaturize and consolidate optical elements in a manner similar to the integration of electronic components on a microchip in traditional integrated circuits. Key aspects of integrated photonics include: Miniaturization: Integrated photonics aims to...
Graphene is a two-dimensional allotrope of carbon consisting of a single layer of carbon atoms arranged in a hexagonal lattice pattern. It is the basic building block of other carbon-based materials such as graphite, carbon nanotubes, and fullerenes (e.g., buckyballs). Graphene has garnered significant attention due to its remarkable properties, making it one of the most studied materials in the field of nanotechnology. Key properties of graphene include: Two-dimensional structure:...
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