$100MRound, 28 October 2025
Initial $100M raise at a reported $1B valuation to build a vertically integrated US chip fab process.
- Amount
- $100M
- Announced
- 28 October 2025
- Lead
- Founders Fund
- Other investors
- General Catalyst, In-Q-Tel, Allen & Co, Valor Equity Partners, Long Journey Ventures
- Use of funds
- Initial $100M raise at a reported $1B valuation to build a vertically integrated US chip fab process.
- Checked
- Amount and date checked against the press source
- Source
- Substrate raises $100M to reinvent chipmaking siliconangle.com