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Racyics and Cloudberry team up to offer design enablement and finance

Racyics, a German company providing semiconductor-design services, and Cloudberry VC, a European venture-capital fund dedicated to semiconductors, have entered into a collaboration and to connect their two platforms.

Racyics is a Design Enablement Team (DET) within the European Chips Design Platform (EuroCDP), part of the European Chips Act. Through its makeChip platform, Racyics provides startups with proven silicon design flows, electronic design automation (EDA) tooling, process design kits (PDKs), intellectual property (IP), and full supply-chain access. As a DET, Racyics helps startups prepare technically sound EuroCDP applications and delivers hands-on design services to bring a concept to silicon.

Cloudberry VC is Europe’s first venture capital fund dedicated to semiconductors, photonics, and advanced materials. Alongside capital, Cloudberry is assembling a platform of industrial and technical partners spanning EDA and simulation, foundry access, design enablement and EuroCDP access.

EuroCDP offers startups support, tools, training and financing. Grants for EuroCDP require a private co-funding component which Cloudberry, as a pre-seed and seed investor, can supply.

According to the Racyics announcement, fabless teams working with Racyics on a EuroCDP application can be introduced to Cloudberry VC for the private co-funding component, while teams in Cloudberry’s pipeline can be introduced to Racyics for design enablement. In addition, the two organizations also plan to collaborate on events and community initiatives across the European semiconductor ecosystem.

Cloudberry and Racyics logos | From design to enablement


Summary

Racyics and Cloudberry VC have formed a partnership to enhance support for European fabless startups in semiconductor design, linking design enablement with funding and industry collaboration.