Company profile

Substrate

Substrate, founded in 2022, raised $100M in a seed round led by Valor Equity Partners and Founders Fund, reaching a $1B valuation. The U.S.–based startup specializes in semiconductor fabrication, developing high-performance, energy-efficient chips for AI, cloud computing, and industrial applications. Funding supported fabrication technology, talent acquisition, and scaling operations. Substrate focuses on next-generation chip manufacturing to accelerate the availability of advanced semiconductor solutions for enterprise and emerging tech markets.

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Quick facts

Total funding: $100M
Valuation: $1B
Founded: 2022

Notable investors

Valor Equity Partners
Founders Fund

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