Samsung co-leads $230M funding for Nvidia chip rival | The BriefBrief
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Event Brief

Samsung co-leads $230M funding for Nvidia chip rival

Filed: Sep 14, 2026 at 9:02 PM ET
Summary: Dutch startup Euclyd raised $230 million in a funding round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries. The investment backs Euclyd as GPU alternatives gain momentum.
WHO: Samsung; Euclyd; Somerset Capital Partners; Scaleup Europe Fund; Innovation Industries
WHAT: Euclyd raised $230 million in a funding round co-led by Samsung and other investors.
WHEN: Sep 14, 2026 at 7:30 PM ET
WHERE: Netherlands
WHY: Cause not yet established.

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