New wave · Worldwide

New semiconductors startups, founded 2020 on

The new wave: 38 semiconductors startups founded in 2020 or later that have raised money in rounds we track, $3.1B between them, placed in 5 segments.

38startups on the map
5segments
$3.1Braised between them
Photonics and optical chipsmost funded segment

Photonics and optical chips

12

Manufacturing and equipment

11

RISC-V and processors

8

Chip design and EDA

4

Memory

3

Segment by segment

Photonics and optical chips

12 startups · $1.4B raised

  1. LumilensLumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconnUnited States$709M
  2. Celestial AICelestial AI is a semiconductor and AI infrastructure company specializing in optical interconnect technology for data centers andUnited States$250M
  3. Salience LabsSalience Labs is a deep-tech semiconductor company based in Oxford, United Kingdom, specializing in all-optical silicon photonic solutions.United Kingdom$169M
  4. NeurophosNeurophos Inc.United States$110M
  5. nEye.aiWe are nEye.ai, an optical switch startup founded in 2020 to revolutionize the future of data centers.United States$80M
  6. Monarch QuantumMonarch Quantum, Inc.United States$55M
  7. NcodiNNcodiN is a Paris-based deep-tech startup focused on optical interposer technology that incorporates integrated nanolasers.France$18M
  8. Swave PhotonicsSwave Photonics is a fabless semiconductor company based in Leuven, Belgium, founded in 2022.Belgium$7.0M

Manufacturing and equipment

11 startups · $423M raised

  1. EliyanEliyan manufactures semiconductor interconnects to accelerate chiplet-based systems.United States$195M
  2. BOS SemiconductorsBOS Semiconductors is a global fabless semiconductor company based in Seongnam-si, South Korea, founded in May 2022.South Korea$65M
  3. Lace LithographyLace Lithography is a Norwegian semiconductor technology startup founded in July 2023 and based in Bergen, Norway, with an additioNorway$40M
  4. Forefront RFForefront RF is a fabless semiconductor company based in Cambridge, United Kingdom, founded in 2020 by Dr.United Kingdom$33M
  5. SyentaSyenta is an Australian deep-tech startup founded in 2022, focusing on advanced semiconductor packaging technology.Australia$32M
  6. QTQingxin TechnologyQingxin Technology is a semiconductor automation equipment developer.-$15M
  7. WiseetecSuzhou Xinrui Technology is a semiconductor equipment research and development company.-$14M
  8. Fabric SystemsFabric Systems is a cryptography hardware technology company.United States$13M

RISC-V and processors

8 startups · $691M raised

  1. RivosRivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises.United States$250M
  2. QuantWareQuantWare is a quantum computing hardware company based in Delft, Netherlands.Netherlands$209M
  3. Efficient ComputerEfficient Computer is a Pittsburgh-based semiconductor and computer hardware company founded in 2022.United States$173M
  4. Groove QuantumGroove Quantum is a quantum hardware company based in Delft, Netherlands, founded in 2024 as a spinout from QuTech at TU Delft.Netherlands$32M
  5. LCLanxin ComputingLanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems.-$14M
  6. KeysomKeysom is a French deeptech company founded in 2022 and based in Pessac, near Bordeaux.France$4.4M
  7. VyperCoreVyperCore is a UK-based fabless semiconductor startup founded in 2022 by Ed Nutting and Russell Haggar.United Kingdom$3.8M
  8. UbitiumUbitium is a German fabless semiconductor startup founded in 2024, based in Düsseldorf with an R&D center in Rülzheim.Germany$3.7M

Chip design and EDA

4 startups · $265M raised

  1. ChipAgentsChipAgents, developed by Alpha Design AI, is an innovative AI agent platform focused on semiconductor design and verification.United States$134M
  2. CognichipCognichip Inc.United States$93M
  3. AgentrysAgentrys is an applied research team dedicated to advancing chip design through Agentic Design Automation (ADA).United States$25M
  4. SMShifan MicroelectronicsShifan Microelectronics offers intelligent display SOC chip design and development services.-$14M

Memory

3 startups · $292M raised

  1. XCENAXCENA is a fabless semiconductor startup founded in 2022, originally named MetisX until its rebranding in December 2024.South Korea$179M
  2. EnCharge AIEnCharge AI is a semiconductor and AI systems company based in Santa Clara, California, founded in 2022.United States$100M
  3. SCI SemiconductorSCI Semiconductor is a UK-based fabless semiconductor company specializing in memory-safe, high-integrity computing using CHERI technology.United Kingdom$13M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in semiconductors, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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