# Incubators and accelerators backing Semiconductors (2026 list) > 15 incubators and accelerators backing Semiconductors, 93% active in the last 12 months. Led by Y Combinator, Plug and Play, Neo. Ranked by what they funded. Source: https://millionrounds.com/lists/incubators-accelerators-semiconductors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Incubators and accelerators backing Semiconductors Updated 7 November 2026 Incubators and accelerators we have observed in a semiconductors round in the last two years. [See all 15 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-semiconductors)The top 15 **15** investors on the list *+1* this week **1,431** cheques in 12 months *-17%* against the market **$4.3M** median round they joined *-46%* against the market median **93%** wrote a cheque in 12 months **40%** have led a round ## The Top 15 Ordered by cheques observed, never by anything anyone paid for Deploying now (14) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 3 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen - 4 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen - 5 [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) *Deploying now* Accelerator · United States **284** **$2.3M** median round **Sept 2026** last seen - 6 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen - 7 [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) *Deploying now* Accelerator · United States **231** **$2M** median round **Oct 2026** last seen - 8 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen - 9 [Luminate](https://millionrounds.com/fund/luminate-accelerator) *Deploying now* Accelerator · United States **127** **$5.3M** median round **Sept 2026** last seen - 10 [Amino Capital](https://millionrounds.com/fund/amino-capital) *Deploying now* Accelerator · United States **114** **$4.3M** median round **Sept 2026** last seen - 11 [FuturePlay](https://millionrounds.com/fund/futureplay) *Deploying now* Accelerator · South Korea **108** **$4M** median round **Nov 2026** last seen - 12 [Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) *Deploying now* Accelerator · Canada **29** **$486K** median round **Aug 2026** last seen - 13 [Madica](https://millionrounds.com/fund/madica) *Deploying now* Accelerator · United States **6** **$883K** median round **Oct 2026** last seen - 14 [Imec](https://millionrounds.com/fund/imec) quiet Accelerator · Belgium **3** **$9M** median round **Jan 2025** last seen - 15 [Silicon Catalyst](https://millionrounds.com/fund/silicon-catalyst) *Deploying now* Accelerator · United States **2** **$26M** median round **Dec 2025** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) - **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments) - **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) - **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Neo](https://millionrounds.com/fund/neo) - **3** Nov **[TDS Innovation](https://millionrounds.com/company/tds-innovation)** Pre-seed · $4.8M *With* [FuturePlay](https://millionrounds.com/fund/futureplay) ## Stages This Year 1,403 rounds - Venture **26%** - Pre-seed **20%** - Seed **20%** - Series A **14%** - Series B **6%** - Other **14%** ## What They Backed Sectors, last 12 months - AI **754** - Fintech **88** - Big Data & Analytics **85** - Healthcare **63** - Financial Services **48** - Biotech **42** ## Cheques by Quarter Led Joined 457 Q1 25 418 Q2 25 502 Q3 25 486 Q4 25 444 Q1 26 430 Q2 26 284 Q3 26 57 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai) - [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech) - [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data) - [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech) - [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics) - [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction) - [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy) - [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai) - [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders in industrial and manufacturing - The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Industrial and manufacturing About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible - Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Industrial and manufacturing Company building About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible - PRODUCT DESIGN+DEVELOPMENT >IN Karl T. Ulrich · 1994 4.00 from 482 ratings on Goodreads Industrial and manufacturing Company building About the book This book presents a set of product development techniques aimed at bringing together the marketing, design, and manufacturing functions of the enterprise. It treats issues such as identifying customer needs, design for manufacturing, prototyping, and industrial design. On AmazonListen on Audible - The Most Powerful Idea in the World: A Story of Steam, Industry, and Invention William Rosen · 2010 3.93 from 1,401 ratings on Goodreads Industrial and manufacturing Innovation Company building About the book If all measures of human advancement in the last hundred centuries were plotted on a graph, they would show an almost perfectly flat line, until the eighteenth century, when the Industrial Revolution would cause the line to shoot straight up, beginning an almost uninterrupted… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=industrial). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about incubators and accelerators backing Semiconductors ### Who are the most active incubators and accelerators backing Semiconductors? By cheques observed, the most active are Y Combinator, Plug and Play, Neo, Entrepreneur First and Alchemist Accelerator. ### How many incubators and accelerators backing Semiconductors are there? 15 are on record. 93% made an investment in the last 12 months and 40% have led a round. ### Which stages do incubators and accelerators backing Semiconductors back? Of the rounds with a named stage in the last 12 months, mostly Pre-seed (28%) and Seed (28%). ### How big are the rounds incubators and accelerators backing Semiconductors join? The typical (median) round among the leading investors here is $4.3M. ### Which sectors do incubators and accelerators backing Semiconductors back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which incubators and accelerators backing Semiconductors lead the most rounds? Y Combinator (11 led), Google (3 led) and Madica (3 led). ### Where are incubators and accelerators backing Semiconductors based? Among the most active, most are based in the United States (11), the United Kingdom (1) and South Korea (1). ### What have incubators and accelerators backing Semiconductors invested in recently? Recent rounds include Ocient (Series C, Nov 2026, with In-Q-Tel), Lazarus AI (Nov 2026, with Plug and Play) and Agrani Labs (Nov 2026, with Google). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)