Netherlands' Euclyd Raises €200M+ Series A, Taps Ex-ASML CEO Wennink to Chair Nvidia Inference Rival

Eindhoven-based Euclyd raised more than €200M ($230M) in a Series A co-led by Samsung, Somerset Capital Partners, EQT's Scaleup Europe Fund, and Innovation Industries to build a non-GPU chip-and-memory architecture aimed at foundation-model inference. Ex-ASML president and CEO Peter Wennink joins as chairman. The round is the Scaleup Europe Fund's biggest deeptech bet so far and the largest European AI-inference chip round of 2026.