Europrocessor gets another €17.5m

Author: EIS Release Date: Dec 29, 2021

 €15 million in equity investments from the European Commission EIC Accelerator program.

 

In February 2020, SiPearl was awarded €6.2 million under the Horizon 2020 programme.

 

The EIC Accelerator program is a process to select and support start-ups and small companies.

 

SiPearl’s processor is intended to power Europe’s supercomputers.

 

Since its operational launch in January 2020, the company has grown to a headcount of 67 in France, Germany and Spain recruited  from Atos, Intel, Marvell, MediaTek and ST?

 

SiPearl has built a strong industrial and scientific ecosystem andcontracted with Arm, the global semiconductor IP provider, and other top-tier companies.

 

With computing performance surpassing 2,000,000 laptops, energy-efficiency halving power consumption of existing solutions and backdoor-free security, SiPearl microprocessors will process huge volumes of sensitive data in a fraction of a second. They will be instrumental in ensuring Europe’s technological sovereignty solving scientific, industrial and societal challenges such as medical research, energy management and climate change mitigation.

 

‘This funding will help us to create sustainable economic and strategic value for Europe: economic value with 1,000 employees by 2025, and strategic value with a roadmap of high-performance and power-efficient microprocessors to restore Europe’s lead in supercomputing,” says SiPearl CEO Philippe Notton.