47 Best Semiconductor Startups to Watch in 2023

47 Semiconductor Startups to Watch (and Work for) in 2023

Semiconductor's tech sector is booming. This year’s list of the best 47 Semiconductor tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

Curated by @gonsanchezs

Semiconductor 10+ employees Fast-growing

The last update was made on March 15, 2023.


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Flexciton

Flexciton is the intelligent advantage platform for streamlined chipmaking

London   11 to 50   $29 Million   $3.2 Million  

BACKED VC   Entrepreneur First   Join Capital  

B2B  

Graphcore

Graphcore develops a microprocessor designed for AI and machine learning applications.

Bristol   251 to 500   $690 Million   $220 Million  

Molten Ventures  

B2B  

GrAI Matter Labs

Life-Ready edge AI processors that enable devices to behave naturally, interact meaningfully and preserve resources.

Paris   51 to 100   $29 Million   $14 Million  

iBionext  

B2B  

Paragraf

Paragraf harnesses graphene’s unique properties to create the next generation of semiconductor devices.

  51 to 100   $85 Million   $4.5 Million  

Molten Ventures   Amadeus Capital   Parkwalk Advisors   IQ Capital Partners  

B2B  

Novelda

Novelda is a sensor company specializing in nanoscale wireless low-power ultra wideband technology for high resolution impulse radar.

Oslo   51 to 100   $100 Million   $15 Million  

Investinor  

B2B  

NIL Technology ApS

NIL Technology (NILT) is an optical solutions company designing, developing, and manufacturing optical elements and components

Copenhagen   51 to 100   $39 Million   $32 Million  

B2B  

e-peas

e-peas is an innovative semiconductor company developing energy harvesting solutions to help future businesses create battery free products.

Brussels   11 to 50   $14 Million   $9.2 Million  

Partech Ventures  

B2B  

Scalinx

Scalinx operates as a semiconductor company that designs and industrializes chips for converting the analog electrical signal.

Paris   51 to 100   $11 Million   $13 Million  

B2B  

Aniah

Aniah specializes in chip design closure and full-chip analysis at the transistor level.

Grenoble   11 to 50   $6.1 Million   $6.2 Million  

Bpifrance   BNP Paribas   Supernova Invest  

B2B  

Sarcura

Cell Therapy transformed cancer treatment. Sarcura will transform cell therapy manufacturing.

Tulln   11 to 50   $10 Million   $3 Million  

HCVC   Nina Capital  

B2B   SAAS  

Probe Test Solutions

Probe Test Solutions engages in delivering advanced ATE test hardware solutions.

Glasgow   11 to 50   $30 Million   $30 Million  

B2B  

Rockley Photonics

Rockley Photonics manufactures photonics chips and custom integrated packaged products.

Pasadena   101 to 250   $450 Million   $65 Million  

B2B   SAAS  

UnitySC

UnitySC, a leader in advanced inspection and metrology solutions.

  51 to 100   $51 Million   $51 Million  

Supernova Invest  

B2B   SAAS  

Ascatron

Ascatron provide next generation Silicon Carbide (SiC) power semiconductors.

Stockholm   11 to 50   $8.4 Million   $4 Million  

B2B  

Kiutra

Easy-to-use and scalable cooling for Science and Technology

Munich   11 to 50   $0  

High-Tech Gründerfonds   Verve Ventures   Apex Ventures  

B2B  

USound

USound is a fabless audio company offering high-performance silicon speakers and sound solutions based on MEMS technology.

Graz   51 to 100   $79 Million   $10 Million  

QVentures  

B2B  

CrayoNano

CrayoNano is a semiconductor company, manufacturer of hybrid material based UV-C LEDs for disinfection.

Trondheim   11 to 50   $26 Million   $21 Million  

TeleVenture Management  

B2B  

Watt & Well

Watt & Well offers a complete array of power electronics products that are designed and tailored for demanding business applications.

  11 to 50   $0   $9.7 Million  

B2B  

Axelera AI

Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing.

Eindhoven   51 to 100   $46 Million   $12 Million  

B2B  

AegiQ

AegiQ makes high-performance quantum photonic systems with on-demand single photons.

Sheffield   1 to 10   $4.3 Million   $2.5 Million  

High-Tech Gründerfonds   Deepbridge Capital  

B2B  

Scintil Photonics

Scintil Photonics is a fabless company that develops silicon photonic integrated circuits

Grenoble   11 to 50   $19 Million   $14 Million  

Supernova Invest   Innovacom  

B2B  

Swave Photonics

Swave Photonics operates as a fabless semiconductor company.

Leuven   1 to 10   $7.4 Million   $7.4 Million  

B2B  

SiPearl

SiPearl is designing the high-performance, low-power microprocessor for exascale supercomputing.

  51 to 100   $6.7 Million   $6.8 Million  

B2B  

Seeqc

SeeQC is a semiconductor company developing commercially viable application-specific quantum computing systems for global businesses.

  1 to 10   $38 Million   $6.8 Million  

BlueYard Capital  

B2B  

AccelerComm

AccelerComm is a semiconductor IP-core company specialising in channel coding solutions.

Southampton   11 to 50   $11 Million   $7.5 Million  

Bloc Ventures   IQ Capital Partners  

B2B  

Antaios

Antaios develops an innovative memory technology.

Grenoble   1 to 10   $11 Million   $11 Million  

Innovacom  

B2B  

Disruptive Technologies

Disruptive Technologies is a measurement and data delivery company.

Bergen   11 to 50   $13 Million   $9.7 Million  

Norselab  

B2B  

Spectricity

Spectricity is a leading provider of hyperspectral sensing solutions for mobile and consumer devices.

Antwerp   11 to 50   $17 Million   $16 Million  

Atlantic Bridge  

B2B  

Photonpath

Photonpath is involved in designs and produces integrated photonic devices to obtain, transmit and process the information using light.

Milan   1 to 10   $0  

B2B  

Numascale

Numascale has developed a unique node controller hardware technology to lower the barrier for system vendors to design scale-up systems.

Oslo   11 to 50   $8.3 Million  

Investinor  

B2B   SAAS  

AMSIMCEL

SaaS

  1 to 10   $5.5 Million   $540 Thousand  

Plug and Play Spain  

B2B  

Phlux Technology

Phlux is a photonics company developing innovative light detector and imaging systems.

Sheffield   1 to 10   $0   $4.9 Million  

Octopus Ventures  

iPronics

iPronics develops the innovative concepts of general-purpose integrated programmable photonic systems.

Valencia   11 to 50   $3.8 Million   $3.8 Million  

Amadeus Capital   Caixa Capital Risc  

B2B  

Xenergic

Xenergic is a semiconductor IP provider of extreme low power SRAM.

Lund   11 to 50   $1 Million   $4.6 Million  

Almi Invest  

B2B  

Black Semiconductor

Black Semiconductor manufacture microchips with integrated electronic-photonic circuits using graphene technology.

Aachen   11 to 50   $0  

Project A Ventures   Vsquared Ventures  

B2B  

Forefront RF

Forefront RF is a fabless semiconductor company.

Cambridge   11 to 50   $2.1 Million   $2.1 Million  

Business Growth Fund  

B2B  

Elwave

ELWAVE is a manufacturer of electromagnetic detection systems for underwater and industrial robotics.

Delft     $2.4 Million   $2.4 Million  

B2B  

BeammWave

BeammWave provides a single chip for digital beamforming including front-end and antenna arrays for mobile phones and IoT devices.

Lund   11 to 50   $700 Thousand   $700 Thousand  

Almi Invest   Walerud Ventures  

B2B  

Quandela

Quandela is an expert in the fabrication of performing devices for the research in quantum photonics and quantum information.

  1 to 10   $17 Million   $330 Thousand  

Quantonation  

B2B  

Minima Processor

Minima Processors technology enables energy efficiency improvement of up to 20x in digital processors compared to legacy solutions.

Oulu   11 to 50   $9.9 Million  

B2B  

Oqmented

Disruption and Augmentation enabled by a miniature laser scanning device

Hamburg   51 to 100   $9.3 Million  

Vsquared Ventures  

B2B  

Kubos Semiconductors

Kubos Semiconductors is develop and commercialize cubic-GaN for high efficiency, low-cost LEDs using intellectual property.

Cambridge     $610 Thousand   $600 Thousand  

B2B  

Chromacity

Chromacity Lasers is a spin-out from Heriot-Watt University, one of the UK’s leading technical universities with a focus on photonics.

Edinburgh   1 to 10   $3.3 Million   $1.7 Million  

B2B  

Axign

Axign introduces a versatile digital audio controller that corrects distortions by the supply, power stage and analogue output filter.

Enschede   1 to 10   $13 Million  

Atlantic Bridge   OostNL   FORWARD.one  

B2B   B2C  

Comptek Solutions

Passivation Technology licensing for III-V compound semiconductors.

Turku   11 to 50   $2.1 Million  

B2B  

Heimladen

Heimladen primarily offers charging infrastructure for real estate.

  1 to 10   $0  

B2B  

Corintis

Corintis develops cooling technologies for high performance semiconductors.

Geneva   1 to 10   $150 Thousand  

B2B  

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