Summary:
- SiPearl, a French company, closed its €130m Series A funding round with a third tranche of €32m from existing and new investors.
- The company, funded by the European Union, is focused on developing high-performance energy-efficient processors for supercomputing and AI applications.
- SiPearl has completed the design of the Rhea1 processor, which will be used in the JUPITER supercomputer, enhancing Europe’s technological sovereignty and competitiveness.
Article:
SiPearl, a company based in Maison Laffitte, France, recently announced the closure of its €130m Series A funding round, with a third tranche of €32m. This round was supported by existing investors EIC Fund and The French State, as well as a new investor, Taiwanese Cathay Venture, marking its first investment in France.
Established in January 2020 with funding from the European Union, SiPearl is dedicated to developing high-performance energy-efficient processors for supercomputing and AI applications. The company has assembled a team of 200 employees across France, Spain, and Italy and has set up its own infrastructure with data centers equipped for semiconductor design.
One of SiPearl’s major achievements is the completion of the Rhea1 processor, featuring 80 Arm Neoverse V1 cores and over 61 billion transistors. This processor has been handed off to TSMC in Taiwan for manufacturing and will be used in the JUPITER supercomputer, owned by EuroHPC JU and operated by Jülich Supercomputing Centre in Germany.
The recent funding round will support the industrialization of Rhea1 and accelerate R&D efforts for the development of next-generation processors tailored for supercomputing, data centers, AI, and enterprise applications. SiPearl also plans to launch a Series B funding round in the near future to further drive innovation and growth in the field.