Diligence memo · auto-generated · as of July 2, 2026
Openchip
Openchip has raised $124M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Openchip operates in Hardware / Semiconductors, 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
Sub-sector tags: ai/ml, hardware/semi.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Openchip has raised $124M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $124M on 2026-06-29.
Most recent recorded round closed around 2026-06-29.
Valuation (modeled)modeled
Provath models Openchip at approximately $837M (range $669M–$926M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 97% of Hardware / Semiconductors peers (130 compared).
Modeled value ranks above 97% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.