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Highly Efficient and Lightweight Input/output Open Silicon

SiPearl aims to develop high-end microprocessors to enhance European chip sovereignty, supported by significant funding and partnerships, while advancing its HELIOS platform architecture.

Subsidie
€ 2.500.000
2022

Projectdetails

Introduction

SiPearl was spun off from the European Processor Initiative (EPI) with €7.4m of initial funding to develop high-end microprocessors and protect European chip sovereignty.

Partnerships and Achievements

In the past 2 years, SiPearl has:

  • Partnered and contracted with Arm and other top-tier IP providers.
  • Secured a €4.6M order book.
  • Identified a €1.1Bn sales pipeline in Europe alone.

Current Funding Efforts

SiPearl is currently raising an €80M+ Series A. We are confident to close this round by year-end based on the achievements of the past 3 months:

  1. Lead term sheet from a lead corporate investor of our industry.
  2. €25M venture loan from the EIB.
  3. €15M follow-on grant from EPI.
  4. Additional LOIs from several corporate and public investors.

Hiring Plans

We are currently hiring 7-10 employees per month in Europe.

Funding Application

This funding application relates to an additional €2.5M EIC grant + €15M EIC equity, which is meant to support the development of our next generation HELIOS platform architecture. This architecture supports the new European Chips Act by reducing the cost and time of new chip designs.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.500.000
Totale projectbegroting€ 3.582.500

Tijdlijn

Startdatum1-7-2022
Einddatum30-6-2025
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • SIPEARLpenvoerder
  • SIPEARL SL
  • SIPEARL GMBH

Land(en)

FranceSpainGermany

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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