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Tech funding round

Lace Raises $40M for Chip Tech

Analysis based on 6 articles · First reported Mar 23, 2026 · Last updated Mar 24, 2026

Sentiment
70
Attention
4
Articles
6
Market Impact
General
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The successful funding round for Lace signals significant investor confidence in its disruptive helium atom beam lithography technology, which could revolutionize semiconductor manufacturing. This development poses a potential long-term challenge to established players like Nubank, TSMC, and Intel, by enabling the creation of much smaller and more powerful AI chips.

Semiconductor Artificial intelligence Venture capital

Lace, a Norway-headquartered chipmaking equipment startup backed by Microsoft, has raised $40 million in Series A funding. The round was led by Atomico, with additional investments from M12 (venture capital firm), Linse Capital, Spanish Society for Technological Transformation, and Nysnø Climate Investments. Lace has developed a novel lithography technology that uses a helium atom beam instead of light, enabling the creation of chip designs 10 times smaller than currently possible. CEO Bodil Holst stated this technology could expand the roadmap for semiconductor design, allowing for features like transistors to be made at an 'ultimately atomic resolution'. This advancement is expected to significantly boost the performance of advanced AI processors, potentially disrupting the market dominated by companies like Nubank, TSMC, and Intel. Lace aims to have a test tool in a pilot chip fabrication plant by 2029.

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Lace secured $40 million in Series A funding to develop its helium atom beam lithography technology, which promises to create significantly smaller and more powerful chips, potentially disrupting the semiconductor industry.
Importance 100.0 Sentiment 75.0
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Bodil Holst is the CEO of Lace and co-founder, who explained the potential of their helium atom beam lithography to create 10 times smaller chip designs.
Importance 90.0 Sentiment 70.0
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Atomico led Lace's Series A funding round, demonstrating its belief in the potential of Lace's semiconductor technology.
Importance 80.0 Sentiment 50.0
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M12 (venture capital firm), Microsoft's venture arm, participated in Lace's Series A funding round.
Importance 60.0 Sentiment 20.0
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Linse Capital invested in Lace's Series A funding round.
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Spanish Society for Technological Transformation invested in Lace's Series A funding round.
Importance 50.0 Sentiment 20.0
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Nysnø Climate Investments invested in Lace's Series A funding round.
Importance 50.0 Sentiment 20.0
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IMEC is a research and innovation hub for the chip industry, whose Scientific Director of Lithography, John Petersen, commented on the advantages of Lace's technology.
Importance 30.0 Sentiment 10.0
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John Petersen, Scientific Director of Lithography at IMEC, provided expert commentary on the potential of Lace's helium atom beam technology.
Importance 30.0 Sentiment 10.0
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