# Somerset Capital Partners

Type: Company

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/somerset-capital-partners
Canonical HTML page: https://getstartupbrief.com/entity/somerset-capital-partners

## Timeline

- **2026-09-14**: Euclyd closes $231M Series A — Samsung co-leads a €200 million round alongside Somerset Capital Partners, EQT's Scaleup Europe Fund, and Innovation Industries.
- **2026-08**: OpenAI unveils Jalapeño chip — OpenAI announces its first AI chip, Jalapeño, claiming industry-leading speed and efficiency.
- **2024**: Euclyd founded — Dutch startup Euclyd is founded to develop an inference-specific AI chip system with non-GPU architecture.

## Recent coverage (1 stories)

### Euclyd's $231M Series A Shows AI Chip Startups Can Raise Big
2026-09-15 09:16:39 · Sentiment: Positive · Impact: 7/10 · Sources: 2

A two-year-old Dutch startup has pulled in a $231 million Series A to sell inference hardware and license chip IP. The round's co-lead structure and strategic Samsung backing offer a case study in capital intensity and corporate venture for deep tech founders.
Full story: https://getstartupbrief.com/story/euclyd-231m-series-a-ai-chip-startup

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