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Norway’s Lace Lithography raises $40 million Series A to reinvent chipmaking with atom-beam technology

Bergen-headquartered startup Lace Lithography has raised $40 million in a Series A round led by Atomico, joined by M12, Microsoft’s Venture Fund, Linse Capital, Vsquared Ventures, Future Ventures, Runa Capital,…

Ropa Ushe Private Equity Research Analyst
4 min read
87% Signal strength

The InvestmentBergen-headquartered startup Lace Lithography has raised $40 million in a Series A round led by Atomico, joined by M12, Microsoft’s Venture Fund, Linse Capital, Vsquared Ventures, Future Ventures, Runa Capital, Deep Future, SETT Spain, Nysnø Climate Investments. The company is developing a next-generation lithography system based on a helium atom beam rather than traditional light-based […] HomeNewsFunding FundingDeepTechStartups Norway’s Lace Lithography raises $40 million Series A to reinvent chipmaking with atom-beam technology By Nurcin Metingil April 2, 2026 0 73 FacebookTwitterWhatsAppLinkedinEmailTelegram s Venture Fund, Linse Capital, Vsquared Ventures, Future Ventures, Runa Capital, Deep Future, SETT Spain, Nysnø Climate Investments. The company is developing a next-generation lithography system based on a helium atom beam rather than traditional light-based methods used by incumbents such as ASML, aiming to enable chip features up to 10 times smaller than current limits and potentially push manufacturing toward atomic-scale precision. The new capital will be used to advance prototype systems and engineering work, with the goal of building a pilot tool for a chip fabrication facility by around 2029. Lace Lithography is a semiconductor technology company developing Beyond-EUV (BEUV) lithography systems for advanced chip manufacturing. Founded in July 2023 and headquartered in Bergen, Norway, with operations in Barcelona, Spain, the company was co-founded by Professor Bodil Holst and CTO Adria Salvador Palau. “Our technology ​is a way that can potentially expand the roadmap and be an enabler for doing things that would not have ​been possible otherwise,” Holst said. The company focuses on atomic-level lithography, an approach that moves beyond traditional extreme ultraviolet (EUV) techniques by enabling patterning at significantly smaller scales. Its technology is designed to support high-precision semiconductor fabrication, including applications in mask development, process optimization, and research and development support for chip manufacturers. Lace Lithography operates on a licensing and consulting-based model, providing access to its technology alongside specialized technical services for semiconductor and electronics companies. The team includes more than 40 specialists across physics, engineering, and related disciplines. The company has also secured early-stage funding of approximately €450,000 from investors. “Lace Lithography is developing technology with the potential to transform how microchips are produced globally. More energy-efficient semiconductor manufacturing is critical in a world with rapidly growing demand for computing power,” says Solveig Sundsdal, Investment Manager at Nysnø. “This investment contributes to building a new Norwegian technology company with global potential, while also strengthening the development of European value chains within a strategically important industry.” With the new capital, Lace plans to advance prototype systems and accelerate engineering efforts toward deploying a pilot tool in a semiconductor fabrication facility in the coming years. The company’s broader ambition is to enable a new generation of chipmaking capability that can support future demands in artificial intelligence, quantum computing, and photonics, at a time when the limits of traditional lithography are increasingly being questioned. Click to read more funding news.- Advertisement - TagsDeeptechFundingnanotechNorway Share FacebookTwitterWhatsAppLinkedinEmailTelegram Previous articleDenmark’s Financial News Systems raises €1.5M to build AI-only financial newsroom for real-time market intelligenceNext articleSwedish Enkei raises over I'm based in the beautiful Aegean region, and I adopt vegan lifestyle. When I’m not busy digging into the latest startup news or polishing up someone’s manuscript, you’ll find me curled up with a good book or playing games while enjoying the company of my beloved cats. Related News Funding Swedish Enkei raises over5M to build AI-only financial newsroom for real-time market intelligence Funding Lithuanian WhiteBridge AI raises €2.6 million seed to expand AI-driven people research platform Stay Connected20,216FansLike2,154FollowersFollow13FollowersFollow22,991FollowersFollow1,3205M to build AI-only financial newsroom for real-time market intelligence Funding Lithuanian WhiteBridge AI raises €2.6 million seed to expand AI-driven people research platform Funding Estonian Validfor raises $1.2 mililion pre-seed to cut pharma validation timelines from months to weeks Funding Estonia’s Pickmybrain lands $2.1 million pre-seed to build AI “Digital Brains” for global experts Load moreReported by ArcticStartupAbout Linse CapitalFor complete details, please refer to the original article.The InvestorFor complete details, please refer to the original article.Market ContextFor complete details, please refer to the original article.What This SignalsFor complete details, please refer to the original article.Based on reporting from ArcticStartup · Read original sourceAnalysis by Senna AI

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This $40m transaction represents significant deal activity. This fund activity signals continued strategic positioning in the sector.

Values from Article

$40m 40
$40m 40
$40m 40
$1.5m 1.5

Deal Characteristics

Fund – 35% Investment – 28%
Research Brief
Apr 5, 2026 | Senna Analysis

Market Context

I'm analyzing your detailed question. Private equity focuses on buyouts, growth equity, and venture capital. Key skills include LBO modeling, due diligence, portfolio company operations, and fundraising. Top firms include Blackstone, KKR, Apollo, Carlyle, and TPG. Deal sizes range from middle market ($50-500M) to mega-buyouts ($10B+).

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