Eindhoven-based semiconductor startup EUCLYD raised over €200 million in a Series A round. The company develops AI infrastructure, including the craftwerk ASIC platform, and has appointed former ASML CEO Peter Wennink as chairman. Investors include Samsung, EQT’s Scaleup Europe Fund, Somerset Capital Partners, and Innovation Industries.
In China, ENCOS secured over RMB 300 million in Series B funding to scale production of robotic joint modules and dexterous hands. Meanwhile, Shanghai-based Yincheng Intelligence raised nearly RMB 100 million in Series A funding. The company has signed a contract with SF Express to deploy robots for logistics operations.
Kangwei Vision, a Shenzhen-based manufacturer of optical-inspection equipment for semiconductor boards, raised nearly RMB 100 million in a Pre-Series A round. The company plans to use the capital to expand production capacity to meet the growing demand for high-density AI hardware inspection.
Nutshell Therapeutics, also known as Yudao Bio, closed a C1 round of tens of millions of dollars. The company uses AI and physics-based modeling for drug discovery, with its lead candidate Dalretapopt currently in Phase I clinical trials. The round was co-led by Trustbridge Capital and Decheng Capital.
Hong Kong-based wealthtech firm Starroad Financial Technology raised over $10 million in an A+ round involving HSBC and People’s Capital. Additionally, Tokyo-based automation startup Yoom secured ¥700 million in its first external financing round to support its AI-driven workflow automation platform.
