German Startup Black Semiconductor Secures $274M to Innovate Graphene-Based Chips

The funding, primarily from the German government, will support the development of advanced semiconductor technology and pilot production facilities.

Black Semiconductor raised €254.4 million ($274 million), with €228.7 million from the German government.
The funds will be used to establish a pilot production facility in Aachen, Germany, by 2026.
The company plans to scale its workforce from 30 to 120 employees within the next two years.
Black Semiconductor aims for mass production of its graphene-based chip technology by 2031.
The startup's technology uses graphene and light to enhance chip communication and efficiency.