With EU Backing, QuantumDiamonds Aims to Speed up Chip Manufacturing
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12 Articles
Here you will find information on the topic "Fresh money for start-up". Read now "Quantum Diamonds receives funding from the European Chips Act".
Diamonds against chip scrap: A start-up in Munich is the first to receive EU funding for a technique that makes defects visible inside microchips - and could save millions.
With EU backing, QuantumDiamonds aims to speed up chip manufacturing
The race to produce more chips is on, and Europe is in. ASML, the Dutch company that has a near-monopoly on manufacturing the machines used for
In the manufacture of chips, inspecting a wafer can take several weeks. QuantumDiamonds claims to do so in two minutes with quantum sensors. Brussels puts 76 million euros on the idea.
Diamonds against chip scrap: A start-up in Munich is the first to receive EU funding for a technique that makes defects visible inside microchips – and could save millions.
QuantumDiamonds raises €91M, becomes the first startup approved for manufacturing funding under the EU Chips Act
QuantumDiamonds has raised €91 million, with €15 million in equity led by World Fund and €76 million in non-dilutive funding from the EU Chips Act. So far, QuantumDiamonds is the only startup to receive manufacturing funding from the Chips Act. Other recipients have been established companies like GlobalFoundries and STMicroelectronics. The Munich-based company has tested its diamond inspection technology with nine of the world’s ten largest chi…
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