Venture Capital
Philips MEMS spinoff raises €25 million
Xiver raises €25 million from a consortium of Dutch entrepreneurs and family offices.
Xiver develops and manufactures micro- and nanosystems for the semiconductor industry.
The company focuses on scaling up deep-tech innovations to industrial production.
With the investment, Xiver is building new production capacity, including an 8-inch production line.
The capital is used to strengthen European chip independence.
In addition, the company helps customers move from prototype to mass production.