Euclyd is an Eindhoven-based technology company specialised in next-generation semiconductor solutions for foundation AI models and large language models. The financing round was co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund (managed by EQT) and Innovation Industries, with participation from several leading European technology and growth investors.

Our professionals provided integrated legal support throughout the transaction. Our Investment Management team advised on the structuring and establishment of the acquisition vehicle and related fund structuring aspects, while our Corporate / M&A team advised Somerset Capital Partners on the investment and transaction documentation.

This transaction reflects continued investor interest in next-generation AI infrastructure and semiconductor technologies and demonstrates our ability to support investors on venture capital and growth equity transactions through an integrated Corporate / M&A and Investment Management offering, further highlighting the strength of our firmwide venture capital practice.