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Cathay Venture led a €130m Series A round in SiPearl.

Synopsis

Cathay Venture, an evergreen fund, led a €130m Series A round in SiPearl, the European designer of sovereign high-performance energy-efficient processors for HPC, AI and data centres. This latest Series A funding round supports the industrialization phase of Rhea1. It also accelerates R&D activities for the launch of next-generation processors that will meet the needs of supercomputing and new market segments, such as data centres, AI, and enterprises, ahead of the launch of Series B in a few weeks.

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