# Semiconductors Market Map 2026: 180 Startups in 8 Segments

> Market map of 180 semiconductors startups worldwide in 8 segments, from manufacturing and equipment, photonics and optical chips and RISC-V and processors on.

Source: https://millionrounds.com/market-maps/semiconductors-market-map (Millionrounds; every figure on the page links to its filing or article)

## Manufacturing and equipment

89

- [Solyndra](https://millionrounds.com/company/solyndra)
- [M.Setek](https://millionrounds.com/company/m-setek)
- [Nearfield Instruments](https://millionrounds.com/company/nearfield-instruments)
- [Silicor Materials](https://millionrounds.com/company/silicor-materials)
- [NorSun](https://millionrounds.com/company/norsun)
- [Lime Microsystems](https://millionrounds.com/company/lime-microsystems)
- [Frore Systems](https://millionrounds.com/company/frore-systems)
- [Eliyan](https://millionrounds.com/company/eliyan)
- [*FT* FangQing Technology](https://millionrounds.com/company/fangqing-technology)
- [Alereon](https://millionrounds.com/company/alereon)
- [SiPearl](https://millionrounds.com/company/sipearl)
- [Zenverge](https://millionrounds.com/company/zenverge)
- [SiBEAM](https://millionrounds.com/company/sibeam)
- [Pixim](https://millionrounds.com/company/pixim)
- [1366 Technologies](https://millionrounds.com/company/1366-technologies)
- [CNEX LABS](https://millionrounds.com/company/cnex-labs)
- [Kovio](https://millionrounds.com/company/kovio)
- [Amalfi Semiconductor](https://millionrounds.com/company/amalfi-semiconductor)
- [*KS* Keyang Semiconductor](https://millionrounds.com/company/keyang-semiconductor)
- [WiSpry](https://millionrounds.com/company/wispry)
- [BOS Semiconductors](https://millionrounds.com/company/bos-semiconductors)
- [Energy and Power Solutions](https://millionrounds.com/company/energy-and-power-solutions)
- [Fresco Microchip](https://millionrounds.com/company/fresco-microchip)
- [*LS* Legend Silicon](https://millionrounds.com/company/legend-silicon)

+65 more

## Photonics and optical chips

28

- [Ayar Labs](https://millionrounds.com/company/ayar-labs)
- [Lumilens](https://millionrounds.com/company/lumilens)
- [Lightmatter](https://millionrounds.com/company/lightmatter)
- [Celestial AI](https://millionrounds.com/company/celestial-ai)
- [Salience Labs](https://millionrounds.com/company/salience-labs)
- [iPronics](https://millionrounds.com/company/ipronics)
- [Neurophos](https://millionrounds.com/company/neurophos)
- [nEye.ai](https://millionrounds.com/company/neye-ai)
- [Scintil Photonics](https://millionrounds.com/company/scintil-photonics)
- [Monarch Quantum](https://millionrounds.com/company/monarch-quantum)
- [BroadLight](https://millionrounds.com/company/broadlight)
- [Quintessent](https://millionrounds.com/company/quintessent)
- [Syndiant](https://millionrounds.com/company/syndiant)
- [Quantifi Photonics](https://millionrounds.com/company/quantifi-photonics)
- [EFFECT Photonics](https://millionrounds.com/company/effect-photonics)
- [NcodiN](https://millionrounds.com/company/ncodin)
- [Firecomms](https://millionrounds.com/company/firecomms)
- [*B* Berxel](https://millionrounds.com/company/berxel)
- [*AI* Aurrion, Inc.](https://millionrounds.com/company/aurrion-inc)
- [Swave Photonics](https://millionrounds.com/company/swave-photonics)
- [Akhetonics](https://millionrounds.com/company/akhetonics)
- [Aylight](https://millionrounds.com/company/aylight)
- [Photon Queue](https://millionrounds.com/company/photon-queue)
- [MicroAlign](https://millionrounds.com/company/microalign)

+4 more

## RISC-V and processors

15

- [Rivos](https://millionrounds.com/company/rivos)
- [QuantWare](https://millionrounds.com/company/quantware)
- [Efficient Computer](https://millionrounds.com/company/efficient-computer)
- [Ventana Micro Systems](https://millionrounds.com/company/ventana-micro-systems)
- [Wintegra](https://millionrounds.com/company/wintegra)
- [Groove Quantum](https://millionrounds.com/company/groove-quantum)
- [*LC* Lanxin Computing](https://millionrounds.com/company/lanxin-computing)
- [*AC* Aarohi communication](https://millionrounds.com/company/aarohi-communication)
- [Ambric](https://millionrounds.com/company/ambric)
- [Mobilygen](https://millionrounds.com/company/mobilygen)
- [Atsana Semiconductor](https://millionrounds.com/company/atsana-semiconductor)
- [Adapteva](https://millionrounds.com/company/adapteva)
- [Keysom](https://millionrounds.com/company/keysom)
- [VyperCore](https://millionrounds.com/company/vypercore)
- [Ubitium](https://millionrounds.com/company/ubitium)

## Memory

11

- [d-Matrix](https://millionrounds.com/company/d-matrix)
- [*YM* Yangtze Memory Group](https://millionrounds.com/company/yangtze-memory-group)
- [XCENA](https://millionrounds.com/company/xcena)
- [EnCharge AI](https://millionrounds.com/company/encharge-ai)
- [Spin Memory](https://millionrounds.com/company/spin-memory)
- [TYLsemi](https://millionrounds.com/company/tylsemi)
- [SCI Semiconductor](https://millionrounds.com/company/sci-semiconductor)
- [Grandis](https://millionrounds.com/company/grandis)
- [Exicon](https://millionrounds.com/company/exicon)
- [Numem](https://millionrounds.com/company/numem)
- [Memoir Systems](https://millionrounds.com/company/memoir-systems)

## AI chips

10

- [Groq](https://millionrounds.com/company/groq)
- [Tenstorrent](https://millionrounds.com/company/tenstorrent)
- [FuriosaAI](https://millionrounds.com/company/furiosaai)
- [Rebellions](https://millionrounds.com/company/rebellions)
- [OLIX](https://millionrounds.com/company/olix)
- [*C* Cornelis](https://millionrounds.com/company/cornelis)
- [POLYN Technology](https://millionrounds.com/company/polyn-technology)
- [Moffett AI](https://millionrounds.com/company/moffett-ai)
- [Vertical Semiconductor](https://millionrounds.com/company/vertical-semiconductor)
- [BrainChip](https://millionrounds.com/company/brainchip)

## Chip design and EDA

10

- [ChipAgents](https://millionrounds.com/company/chipagents)
- [Cognichip](https://millionrounds.com/company/cognichip)
- [Nangate](https://millionrounds.com/company/nangate)
- [Agentrys](https://millionrounds.com/company/agentrys)
- [*OS* OneSpin Solutions](https://millionrounds.com/company/onespin-solutions)
- [*SM* Shifan Microelectronics](https://millionrounds.com/company/shifan-microelectronics)
- [*NT* Nusym Technology](https://millionrounds.com/company/nusym-technology)
- [Breker Verification Systems](https://millionrounds.com/company/breker-verification-systems)
- [efabless corporation](https://millionrounds.com/company/efabless-corporation)
- [*M* Metabacus](https://millionrounds.com/company/metabacus)

## Power and compound semiconductors

9

- [*AS* Arctic Sand Technologies](https://millionrounds.com/company/arctic-sand-technologies)
- [Evolusia](https://millionrounds.com/company/evolusia)
- [SweGaN AB](https://millionrounds.com/company/swegan-ab)
- [Agnit Semiconductors](https://millionrounds.com/company/agnit-semiconductors)
- [EpiGaN](https://millionrounds.com/company/epigan)
- [Kubos Semiconductors](https://millionrounds.com/company/kubos-semiconductors)
- [Heyday Integrated Circuits](https://millionrounds.com/company/heyday-integrated-circuits)
- [NextGO Epi](https://millionrounds.com/company/nextgo-epi)
- [*CS* Cyclos Semiconductor](https://millionrounds.com/company/cyclos-semiconductor)

## Neuromorphic and analog computing

8

- [Enpirion](https://millionrounds.com/company/enpirion)
- [*I* INPHI](https://millionrounds.com/company/inphi)
- [Agile Analog](https://millionrounds.com/company/agile-analog)
- [*S* Symwave](https://millionrounds.com/company/symwave)
- [Blue Cheetah Analog Design](https://millionrounds.com/company/blue-cheetah-analog-design)
- [Gwanak Analog](https://millionrounds.com/company/gwanak-analog)
- [Triad Semiconductor](https://millionrounds.com/company/triad-semiconductor)
- [Newlans](https://millionrounds.com/company/newlans)

## Segment by segment

### Manufacturing and equipment

89 startups · $6.3B raised

- [**Solyndra**](https://millionrounds.com/company/solyndra) Solyndra is a solar technology company based in Fremont, California. United States $1.8B
- [**M.Setek**](https://millionrounds.com/company/m-setek) M.Setek is engaged in the design and manufacture of semiconductor fabrication equipment and silicon wafers. Japan $540M
- [**Nearfield Instruments**](https://millionrounds.com/company/nearfield-instruments) Nearfield Instruments (NFI) is a semiconductor metrology equipment company based in Rotterdam, Netherlands. Netherlands $527M
- [**Silicor Materials**](https://millionrounds.com/company/silicor-materials) Silicor Materials engages in manufacturing and supplying polysilicon for solar cell production. United States $345M
- [**NorSun**](https://millionrounds.com/company/norsun) NorSun is a Norwegian solar energy company that specializes in manufacturing high-performance mono-crystalline silicon ingots and Norway $304M
- [**Lime Microsystems**](https://millionrounds.com/company/lime-microsystems) Lime Microsystems is a UK-based fabless semiconductor company founded in 2005, specializing in field-programmable RF transceivers United Kingdom $234M
- [**Frore Systems**](https://millionrounds.com/company/frore-systems) Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Ta United States $223M
- [**Eliyan**](https://millionrounds.com/company/eliyan) Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems. United States $195M

### Photonics and optical chips

28 startups · $3.2B raised

- [**Ayar Labs**](https://millionrounds.com/company/ayar-labs) Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions. United States $904M
- [**Lumilens**](https://millionrounds.com/company/lumilens) Lumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconn United States $709M
- [**Lightmatter**](https://millionrounds.com/company/lightmatter) Lightmatter is a Boston-based optical computing company founded in 2017 by MIT researchers. United States $433M
- [**Celestial AI**](https://millionrounds.com/company/celestial-ai) Celestial AI is a semiconductor and AI infrastructure company specializing in optical interconnect technology for data centers and United States $250M
- [**Salience Labs**](https://millionrounds.com/company/salience-labs) Salience Labs is a deep-tech semiconductor company based in Oxford, United Kingdom, specializing in all-optical silicon photonic solutions. United Kingdom $169M
- [**iPronics**](https://millionrounds.com/company/ipronics) iPRONICS is a Spanish deep-tech semiconductor company founded in 2019 as a spinoff from Universitat Politècnica de València. Spain $137M
- [**Neurophos**](https://millionrounds.com/company/neurophos) Neurophos Inc. United States $110M
- [**nEye.ai**](https://millionrounds.com/company/neye-ai) We are nEye.ai, an optical switch startup founded in 2020 to revolutionize the future of data centers. United States $80M

### RISC-V and processors

15 startups · $847M raised

- [**Rivos**](https://millionrounds.com/company/rivos) Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises. United States $250M
- [**QuantWare**](https://millionrounds.com/company/quantware) QuantWare is a quantum computing hardware company based in Delft, Netherlands. Netherlands $209M
- [**Efficient Computer**](https://millionrounds.com/company/efficient-computer) Efficient Computer is a Pittsburgh-based semiconductor and computer hardware company founded in 2022. United States $173M
- [**Ventana Micro Systems**](https://millionrounds.com/company/ventana-micro-systems) Ventana delivers high-performance RISC-V CPUs with extensible instruction sets for cloud, data center, 5G, AI, and automotive markets. United States $55M
- [**Wintegra**](https://millionrounds.com/company/wintegra) Wintegra is a provider of integrated network processors for mobile backhaul, 3G and 4G wireless, and wireline broadband networks. United States $51M
- [**Groove Quantum**](https://millionrounds.com/company/groove-quantum) Groove Quantum is a quantum hardware company based in Delft, Netherlands, founded in 2024 as a spinout from QuTech at TU Delft. Netherlands $32M
- [*LC* **Lanxin Computing**](https://millionrounds.com/company/lanxin-computing) Lanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems. - $14M
- [*AC* **Aarohi communication**](https://millionrounds.com/company/aarohi-communication) Aarohi developed next-generation storage components and processors, used by systems suppliers. United States $14M

### Memory

11 startups · $916M raised

- [**d-Matrix**](https://millionrounds.com/company/d-matrix) d-Matrix is a semiconductor company based in Santa Clara, California, founded in 2019. United States $275M
- [*YM* **Yangtze Memory Group**](https://millionrounds.com/company/yangtze-memory-group) China $222M
- [**XCENA**](https://millionrounds.com/company/xcena) XCENA is a fabless semiconductor startup founded in 2022, originally named MetisX until its rebranding in December 2024. South Korea $179M
- [**EnCharge AI**](https://millionrounds.com/company/encharge-ai) EnCharge AI is a semiconductor and AI systems company based in Santa Clara, California, founded in 2022. United States $100M
- [**Spin Memory**](https://millionrounds.com/company/spin-memory) Spin Memory is a semiconductor company based in Fremont, California, specializing in MRAM technologies and products. United States $52M
- [**TYLsemi**](https://millionrounds.com/company/tylsemi) AI infrastructure silicon requires solutions on 3 fundamentals: Power, IO and Memory apart from compute architecture. United States $43M
- [**SCI Semiconductor**](https://millionrounds.com/company/sci-semiconductor) SCI Semiconductor is a UK-based fabless semiconductor company specializing in memory-safe, high-integrity computing using CHERI technology. United Kingdom $13M
- [**Grandis**](https://millionrounds.com/company/grandis) Grandis develops and licenses innovative non-volatile memory solutions derived from cutting-edge research in spintronics. United States $13M

### AI chips

10 startups · $8.7B raised

- [**Groq**](https://millionrounds.com/company/groq) Groq, Inc. United States $3.2B
- [**Tenstorrent**](https://millionrounds.com/company/tenstorrent) Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms. United States $3.0B
- [**FuriosaAI**](https://millionrounds.com/company/furiosaai) FuriosaAI is a South Korean fabless semiconductor company founded in 2017, specializing in high-performance, power-efficient AI ch South Korea $743M
- [**Rebellions**](https://millionrounds.com/company/rebellions) Rebellions is a South Korean fabless semiconductor company founded in September 2020. South Korea $650M
- [**OLIX**](https://millionrounds.com/company/olix) OLIX is an AI company focused on developing advanced hardware solutions for AI inference workloads. United Kingdom $532M
- [*C* **Cornelis**](https://millionrounds.com/company/cornelis) United States $205M
- [**POLYN Technology**](https://millionrounds.com/company/polyn-technology) POLYN Technology is a fabless semiconductor startup founded in 2019, specializing in Neuromorphic Analog Signal Processing (NASP) United Kingdom $159M
- [**Moffett AI**](https://millionrounds.com/company/moffett-ai) Moffett.AI, founded in 2018, is a sparse computing company that specializes in designing AI accelerator chips and next-generation China $150M

### Chip design and EDA

10 startups · $333M raised

- [**ChipAgents**](https://millionrounds.com/company/chipagents) ChipAgents, developed by Alpha Design AI, is an innovative AI agent platform focused on semiconductor design and verification. United States $134M
- [**Cognichip**](https://millionrounds.com/company/cognichip) Cognichip Inc. United States $93M
- [**Nangate**](https://millionrounds.com/company/nangate) Nangate was an electronic design automation (EDA) company based in Silicon Valley, specializing in standard cell library design an United States $35M
- [**Agentrys**](https://millionrounds.com/company/agentrys) Agentrys is an applied research team dedicated to advancing chip design through Agentic Design Automation (ADA). United States $25M
- [*OS* **OneSpin Solutions**](https://millionrounds.com/company/onespin-solutions) OneSpin Solutions is a provider of certified IC integrity verification solutions for building correct, safe, secure and integrated circuits. Germany $18M
- [*SM* **Shifan Microelectronics**](https://millionrounds.com/company/shifan-microelectronics) Shifan Microelectronics offers intelligent display SOC chip design and development services. - $14M
- [*NT* **Nusym Technology**](https://millionrounds.com/company/nusym-technology) Nusym Technology engages in developing an intelligent functional verification approach that enables rapid verification closure. United States $8.1M
- [**Breker Verification Systems**](https://millionrounds.com/company/breker-verification-systems) Breker Verification Systems is a private company based in San Jose, California, specializing in Electronic Design Automation (EDA) software. United States $5.0M

### Power and compound semiconductors

9 startups · $86M raised

- [*AS* **Arctic Sand Technologies**](https://millionrounds.com/company/arctic-sand-technologies) Arctic Sand designs and manufactures low-power semiconductors for use in power conversion applications. United States $36M
- [**Evolusia**](https://millionrounds.com/company/evolusia) Evolusia specializes in the R&D and production of substrates for cutting-edge semiconductor materials like gallium oxide. China $15M
- [**SweGaN AB**](https://millionrounds.com/company/swegan-ab) SweGaN AB is a prominent semiconductor manufacturer based in Linköping, Sweden, specializing in custom-engineered Gallium Nitride Sweden $13M
- [**Agnit Semiconductors**](https://millionrounds.com/company/agnit-semiconductors) AGNIT Semiconductors Private Limited is India's first vertically integrated Gallium Nitride (GaN) semiconductor company, establish India $6.1M
- [**EpiGaN**](https://millionrounds.com/company/epigan) EpiGaN provides GaN-on-Si epitaxial material solutions for top performance devices. Belgium $5.7M
- [**Kubos Semiconductors**](https://millionrounds.com/company/kubos-semiconductors) Kubos Semiconductors is a UK-based company founded in 2017, located in Cambridge. United Kingdom $4.7M
- [**Heyday Integrated Circuits**](https://millionrounds.com/company/heyday-integrated-circuits) Heyday Integrated Circuits is a semiconductor company on designing and selling isolated gate drivers for the power electronics market. - $2.9M
- [**NextGO Epi**](https://millionrounds.com/company/nextgo-epi) NextGO Epi is a semiconductor startup based in Berlin, founded in April 2025 as a spin-off from the Leibniz Institute for Crystal Growth. Germany $2.3M

### Neuromorphic and analog computing

8 startups · $241M raised

- [**Enpirion**](https://millionrounds.com/company/enpirion) Enpirion is an analog semiconductor company offering highly integrated power management solutions. United States $59M
- [*I* **INPHI**](https://millionrounds.com/company/inphi) INPHI provides high-speed analog semiconductor solutions for the communications and computing markets in the United States. United States $46M
- [**Agile Analog**](https://millionrounds.com/company/agile-analog) Agile Analog is a semiconductor IP company based in Cambridge, United Kingdom, with additional offices in San Jose, USA, and Shanghai, China. United Kingdom $36M
- [*S* **Symwave**](https://millionrounds.com/company/symwave) Symwave develops analog- and mixed-signal integrated circuits and systems for applications requiring high-speed data transfer capabilities. United States $32M
- [**Blue Cheetah Analog Design**](https://millionrounds.com/company/blue-cheetah-analog-design) Blue Cheetah Analog Design develops generators that can produce customized designs in a variety of process technologies. United States $24M
- [**Gwanak Analog**](https://millionrounds.com/company/gwanak-analog) Gwanak Analog is a fabless semiconductor company based in Seoul, South Korea, specializing in analog-power system-on-chips (SoCs) South Korea $16M
- [**Triad Semiconductor**](https://millionrounds.com/company/triad-semiconductor) Triad Semiconductor is a fabless semiconductor company based in Winston-Salem, North Carolina, founded in 2002. United States $14M
- [**Newlans**](https://millionrounds.com/company/newlans) Newlans is a semiconductor company based in Acton, Massachusetts, founded in 2003. United States $14M

**How this map is made.** Every startup here has raised money in rounds we track. 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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[All maps](https://millionrounds.com/market-maps)

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## Who backs semiconductors?

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