GlobalFoundries strengthens Europe's semiconductor ecosystem through partnership with Cloudberry
GlobalFoundries (GF) Dresden today announced a partnership with Finnish venture capital firm Cloudberry to accelerate and strengthen the ecosystem for semiconductor and photonics start-ups in Europe.
The collaboration includes GF's participation as a limited partner in Cloudberry's new fund and a commitment to provide technology expertise and resources to help emerging companies accelerate innovation from concept to industrial production.
By partnering with Cloudberry, GF gains direct access to emerging European start-ups in the semiconductor and photonics space - from university spin-offs to seed and Series A companies. This early engagement helps deepen the ecosystem by enabling GF to synchronize its technology roadmap with innovative applications and contribute to promising markets such as autonomous vehicles, physical AI, Industry 4.0 and next-generation communications.
As a strategic investor in Cloudberry's newly launched specialty fund, GF strengthens its support for the next generation of European semiconductor leaders. This collaboration provides GF with early insights into breakthrough innovations, aligns its expertise with future market needs and actively bridges the gap between academic research, early prototypes and volume production.
As one of the world's leading manufacturers of key semiconductors, GF offers differentiated platforms such as FDX, RF technologies, silicon photonics and power devices optimized for automotive, industrial, IoT AI and consumer applications. Start-ups supported by Cloudberry benefit from structured collaboration with GF's technology teams and design resources, reducing time-to-market and accelerating growth.
"GlobalFoundries' market-leading, highly specialized chip technologies are based on innovation and collaboration," said Manfred Horstmann, General Manager and Senior Vice President at GlobalFoundries Dresden. "By partnering with Cloudberry, we are accelerating and deepening the European semiconductor ecosystem, working closely with early-stage start-ups to gain insights into new innovations and deliver customized solutions that help them scale quickly and give them a competitive advantage when entering the market."
"We see this partnership as the start of a long-term initiative to further strengthen the European semiconductor ecosystem," said Veera Pietikäinen, Founding Partner at Cloudberry. "Europe has world-class talent and deep technological expertise in semiconductors and photonics, and companies like GF have already made significant investments to further develop and scale this expertise. On this basis, we are creating a specialized platform to help these companies grow even further and thus strengthen Europe's technological sovereignty."