Companies · Hardware / Semiconductors

OpenchipNew on the radar

Spain · Europe · Hardware / Semiconductors

Diligence memoA one-page analyst read on Openchip — recommendation, valuation, rhythm, risks.
$124.2M
Total raised · real
1
Rounds
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Jun 29 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Openchip has raised $124M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the hardware/semi sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Active
  • Last raise under a month ago; this sector typically re-raises about every 16 months.
  • Raising on or ahead of the sector's normal rhythm.
Where it sits in Hardware / Semiconductors

Openchip is one of 130 Hardware / Semiconductors companies tracked from Spain, Europe. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

<p>Openchip, a Barcelona-based scale-up specialising in the design and marketing of high-performance, energy-efficient chips, has secured an investment of €115 million to accelerate the design of high-performance, energy-efficient chips for AI and high-performance computing (HPC) applications. The b

<p>Openchip, a Barcelona-based scale-up specialising in the design and marketing of high-performance, energy-efficient chips, has secured an investment of €115 million to accelerate the design of high-performance, energy-efficient chips for AI and high-performance computing (HPC) applications. The backing came from the Spanish Society for Technological Transformation (SETT), which reports to the Ministry for Digital Transformation [&#8230;]</p> <p>The post <a href="https://www.eu-startups.com/2026/06/spains-openchip-lands-e115-million-sett-investment-to-strengthen-europes-semiconductor-capabilities/">Spain&#8217;s Openchip lands €115 million SETT investment to strengthen Europe’s semiconductor capabilities</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>

ai/mlhardware/semi

As reported in public records reported — not modeled.

ES
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries D+ · 2026-06-29 Raised $124M (real) Modeled valuation $837M (est)$124M$837MSeries D+2026

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$124.2M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$836.5M
Base estimate est.
$668.6M
Conservative case
$925.7M
Upside case
$1.0B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the hardware/semi sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
81%
Survival probability
65% low · 89% high
1.18×/yr
Annual markup
1.33×/yr upside case
0.0 yr
Elapsed time used
0.0 yr actual, capped for stale marks
hardware/semi
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.0 yr
On record since
2026
First round
New
First-time filer
How it compares to the market

Benchmarked against 130 companies in Hardware / Semiconductors. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 15× above median
This company$124.2M
Sector median$8.3M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.0× above median
This company$124.2M
Sector median$118.8M
Modeled value — vs sector median (estimate, all stages) 32× above median
This company$836.5M
Sector median$26.4M

Raised more than 97% of sector peers (real $). Modeled value above 97% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$124.2M2026-06-29$1.0B$836.5M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$124.2M2026-06-29
    • First recorded raise — entered as Series D+.
Intelligence
Modeled next raise
$198.7M
Modeled next size est.range $129.2M$318.0M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Openchip is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
ES
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Alif Semiconductor, Inc.Hardware / SemiconductorsSeries D+$185.8M$1.6Bsame sector · same stage
Beep, Inc.Hardware / SemiconductorsSeries C$101.1M$343.2Msame sector
FUGONG LIKING SILICON INDUSTRY, Ltd. CoHardware / SemiconductorsSeries C$100.0M$1.8Bsame sector
Navitas Semiconductor CorpHardware / SemiconductorsSeries C$100.0M$567.9Msame sector
InfluxData Inc.Hardware / SemiconductorsSeries C$172.0M$559.3Msame sector
indie Semiconductor, Inc.Hardware / SemiconductorsSeries C$58.1M$804.4Msame sector
ACCO Semiconductor, Inc.Hardware / SemiconductorsSeries A$55.1M$123.3Msame sector
Deako, Inc.Hardware / SemiconductorsSeries A$50.2M$15.4Msame sector
Frequently asked
How much funding has Openchip raised?
Openchip has raised approximately $124.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Openchip's estimated valuation?
Provath's modeled valuation for Openchip is approximately $836.5M (modeled range $668.6M–$925.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Openchip at?
Openchip's latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Jun 29.
What does Openchip do and where is it based?
Openchip operates in the Hardware / Semiconductors sector, based in Spain, Europe. <p>Openchip, a Barcelona-based scale-up specialising in the design and marketing of high-performance, energy-efficient chips, has secured an investment of €115 million to accelerate the design of high-performance, energy-efficient chips for AI and high-performance computing (HPC) applications. The b
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