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Wire · operational-macro

Samsung and EU Scaleup Fund back efficient AI startup Euclyd in €200m Series A

Published

15 September 2026

Topic

operational-macro

◆ Sectors

AI Infrastructure

◆ Geography

Netherlands

◆ Source

Read at sifted.eu →

◆ Verified

Fusion42 · 16 September 2026 · Fusion42 review

Euclyd, a Dutch startup focused on making AI more efficient, has raised €200m in a Series A funding round backed by Samsung and the EU Scaleup Fund, with former ASML CEO Peter Wennink joining as chairman.

This Wire brief tracks EU Scaleup Fund, and It sits within Fusion42's coverage of AI Infrastructure.

◆ ◆ The Wire takeaway

Investors are now channeling large capital into efficient AI infrastructure, signalling a shift from AI model development to operational improvements. You should explore partnerships or tech pivots that cut AI costs now.

◆ Mentioned in this story

◆ Coverage

1 source · 15 Sep 2026

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AI Infrastructureai-efficiencyseries-afundingeuropesamsungeu-scaleup-fund