German Startup Black Semiconductor Raises €254 Million to Advance Graphene Chip Tech
- Black Semiconductor raises funds from state, venture backers
- Graphene seen as promising but yet to see wide commercial use
Founders Sebatian and Daniel Schall.
Source: Black SemiconductorThis article is for subscribers only.
Germany’s Black Semiconductor has raised €254 million ($273 million) in funding as it looks to develop chip technology based on the carbon material graphene.
Founded in 2020 by entrepreneurs and brothers Daniel and Sebastian Schall, Black Semiconductor will receive €229 million in public grants from the German Ministry of Economic Affairs and the German state of North Rhine-Westphalia, the company said on Wednesday.