XIVER raises €25M to scale European chip production
What's the deal? XIVER, an Eindhoven-based semiconductor company specialising in micro- and nanotechnology, has raised €25 million in growth equity from a consortium of Dutch entrepreneurs and family offices, led by investor Cees MeeuwisDealroom has a profile for this one. Try Dealroom →. The company also expects to close an additional €25 million credit facility by the end of June to fund further expansion.
The capital will go towards a new 8-inch production line based on deep ultraviolet lithography (DUV), enabling it to produce more complex components at greater scale and with shorter lead times.
Why now? Global demand for advanced chips is surging due to AI, while geopolitical tensions are making Europe's dependence on Asian and American production increasingly untenable. The EU wants critical chip technology and manufacturing capacity closer to home — and XIVER is positioning itself as a key player in that shift.
Since its carve-out from Royal Philips in early 2025, XIVER has struck strategic partnerships with international market leaders in Europe and North America, including ASML, for which it produces thin-film microcomponents and membranes.
"The world of semiconductors and defence innovation is moving faster than ever," said Meeuwis. "XIVER occupies exactly the position in the value chain where that momentum is translated into real production capacity."
What could go wrong? Semiconductor manufacturing is capital-intensive and technically demanding. XIVER is one of few European companies trying not just to develop advanced micro- and nanosystems but to scale them to industrial production — a transition where many deep-tech firms stumble. The additional €25 million credit facility hasn't closed yet, and the company will need that firepower to build out its new production line.
The signal: XIVER's round underscores a growing pattern of European deep-tech manufacturers attracting domestic capital as the continent races to reshore critical semiconductor capacity. Classified as a "breakout stage" company by Dealroom, the Philips-carved MEMS foundry is a rare example of a European firm attempting the leap from precision prototyping to industrial-scale chip production — a gap that the EU Chips Act was explicitly designed to close. That the €25 million came from a consortium of Dutch entrepreneurs and family offices, led by angel investor Cees Meeuwis rather than institutional venture capital, suggests strategic conviction from backers with deep ties to the Netherlands' semiconductor ecosystem.
Read more: IO+
Image: Silicon photonics 300mm wafer, Ehsanshahoseini, CC BY-SA 4.0 via Wikimedia Commons.
