Investing in Europe's Future

Europe's First Dedicated Semiconductor VC

Because semiconductor startups deserve a semiconductor VC. We invest early in the companies building the foundation of computing.

Up to €1M
Initial Ticket Size
(Pre-)Seed
Stage Focus
Our Thesis

Built for Semiconductor Founders

Deep domain expertise, strategic industry connections, and capital designed for the unique needs of hardware startups.

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Early Stage Focus

€30M fund investing €400K to €1M into pre-seed and seed startups working on semiconductors, photonics or advanced materials.

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European Conviction

We invest mainly in Europe because we have the R&D talent but until now have lacked specialist early-stage semi investors.

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Strategic LPs

Backed by GlobalFoundries & Radiant Opto-Electronics, giving founders access to industrial know-how, tech roadmaps and manufacturing networks.

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Operational Experience

Deep technical and commercial experience across the semiconductor supply chain with ASML, Heptagon, Bosch, and ams Osram.

Europe as Our Core

Why Europe

Europe has a choice. The continent that pioneered the industrial revolution now risks becoming its footnote. Not from lack of talent or expertise but from failure of will and ambition.

We invest in European prosperity because computing is the bedrock of economic growth. Every major industry runs on semiconductors. Every breakthrough in medicine, energy, transport and communications depends on advances in processing power.

This isn't a vertical to put a little bit of money towards. Semiconductors are everything. Europe invented much of this technology within living memory. It can lead again if we choose to do so.

"We want to see the next trillion dollar company in Europe. We think it will be a computing hardware company. We are here to back the founders who are going to build it."

Global R&D Talent

Europe has world-class research institutions and engineering talent in semiconductors, photonics and advanced materials.

Industrial Heritage

Home to ASML, NXP, Infineon, STMicroelectronics, and hundreds of deep tech research centres and fabs.

The Missing Piece

Europe has everything it needs to win globally in semiconductors. What it has been missing is dedicated, specialist early-stage capital.

Policy Tailwinds

The EU Chips Act and national semiconductor strategies are creating unprecedented momentum for European chip companies.

Focus Areas

What We Invest In

Three interconnected domains at the heart of semiconductor innovation. We invest across the full value chain: from the design software and simulation tools that architect new chips, to the equipment and measurement systems that make production possible, all the way to the devices, materials and integration platforms that power the end product.

01

Semiconductors

Compute & Electronics

We invest in compute and control platforms that deliver more performance per watt and reshape where and how computation happens, from space, to datacentres, wearables, and medical devices.

02

Photonics

Connectivity & Sensing

We back photonic and mixed electro-optic systems that move, measure and process information: from high-bandwidth communications to imaging, diagnostics and instrumentation.

03

Advanced Materials

Equipment, Design Tools & Metrology

We invest in advanced materials, equipment, design tools and metrology that extend what fabs and manufacturers can do, turning lab-scale innovations into robust, repeatable production.

Portfolio

Our Companies

The founders building the future of semiconductors, photonics, and advanced materials.

Proteins.1

Photonics

Proteins.1 is developing a physics-based, enzyme-free multiomics platform to enable single-molecule investigations for health, life, and beyond.

Prateek Singh (CEO)Harri Hallila (COO)Tuan Nguyen (CTO)
Website →Why we invested →Launch press release →

PROUD

Advanced Materials

PROUD deposits diamond at 400°C, putting the world's best heat conductor right on top of the transistors to break through the thermal wall in advanced chips.

Ligia Colina (CEO)Mehdi Naamoun (CTO)
Website →Why we invested →

Last Mile Semiconductor

Semiconductors

Last Mile Semiconductor is building the first single-chip DECT NR+ radio, a fingernail-sized chip that gives any device 5G-family connectivity with no SIM, no base stations, and years of battery life.

Christoph Gulich (CEO)Mario Orgis (CTO)
Website →Why we invested →

Tendrils Compute

Semiconductors

Tendrils is building a processor on interaction nets, a model where parallelism comes free with the program, built for the messy, branching workloads that modern CPUs and GPUs handle badly.

Nils Cremer (CEO)Hugo McNally (Co-founder)T6 (Co-founder)
Website →Why we invested →Press release →
The Team

Who We Are

Operators, investors and researchers with deep roots across the semiconductor supply chain.

General Partners
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René Kromhof

Founding Partner  · 🇳🇱

René Kromhof

Founding Partner

Before Cloudberry, René served on the leadership team at Heptagon, a global leader in optical sensors, scaling the company from a handful of employees into a global powerhouse. His tenure culminated in Heptagon's acquisition by ams AG in 2017. He began his career in engineering and product management at ASML.

↻

Veera Pietikäinen

Founding Partner  · 🇫🇮

Veera Pietikäinen

Founding Partner

Veera has nearly a decade of experience supporting early-stage teams and deep tech companies. Since 2019, she has been involved in the deep tech space across investments, portfolio support, legal and fund administration. She has also advised companies as a fractional CFO.

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Lawrence Lundy-Bryan

General Partner & Head of Research  · 🇬🇧

Lawrence Lundy-Bryan

General Partner & Head of Research

Always early to a market opportunity: crypto in 2015 and Deep Tech in 2020. Lawrence believes the greatest opportunity in the next decade is semiconductors. Most interested in photonic memory, compound semi, and edge computing. He writes speculative fiction at State of the Future.

Venture Partners

Tuomas Hollman

Venture Partner  · 🇩🇪

Tuomas Hollman

Venture Partner

VP and Head of the Business Area Optics at Bosch Sensortec. 25+ years of experience in the semiconductor industry across IC design, system engineering, product management and full business unit ownership. Previously held senior roles at Texas Instruments and MaxLinear.

Lukas Steinmann

Venture Partner  · 🇨🇭

Lukas Steinmann

Venture Partner

Based in Zurich and active across Egon Zehnder's Industrial and Technology & AI practice groups. Previously ams Osram AG's SVP and Head of modules and solutions, and VP & Head of Strategy at Heptagon in Singapore.

Latest

News & Insights

Thoughts on semiconductors, European deep tech, and the future of computing.

🚀 Portfolio

November 10, 2026

Why We Invested in Tendrils Compute

What if neither CPUs nor GPUs are the right chips for agents? Tendrils is building a different one, on interaction nets, where the parallelism comes with the program.

Read more →
📢 Fund News

August 13, 2026

Racyics and Cloudberry VC give European fabless startups a complete path from design to silicon

Racyics and Cloudberry VC have entered a strategic collaboration pairing Racyics' design enablement and EuroCDP access with Cloudberry's capital and industrial network, giving European fabless semiconductor startups a complete path from design concept to working silicon.

Read more →
🧭 Thesis

July 17, 2026

Our Take on Hello Tomorrow's 2026 Semiconductor Innovation Report

Europe invents a large share of the world's deep tech and captures little of the value. Our contribution to Hello Tomorrow's 2026 Semiconductor Innovation Report, and the gap we exist to close.

Read more →
📢 Fund News

July 16, 2026

Siemens and Cloudberry VC Partner to Accelerate European Deep-Tech

Siemens Cre8Ventures and Cloudberry VC have announced a partnership to accelerate the commercialization of Europe's deep-tech, combining industrial validation with early-stage venture capital.

Read more →
🚀 Portfolio

July 13, 2026

Why We Invested in Last Mile Semiconductor

Somewhere in your parents' house, there is probably still a DECT cordless phone. The frequency band it runs on is about to become the most important piece of wireless spectrum in the world.

Read more →
🚀 Portfolio

June 10, 2026

Why We Invested in PROUD

Because to keep chips getting better, you have to cool them at the source, not the rack. PROUD grows diamond at 400°C, right on top of the transistors.

Read more →
All News & Insights →