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Substrate logo

Substrate

Recent Financing

Seed

Recent Raise

$100M

Substrate is a San-Francisco–based startup developing particle-accelerator-powered X-ray lithography to manufacture cutting-edge semiconductor chips at far lower cost than existing EUV methods.

California, United States
101-250
Private
substrate.com
PitchBook

Highlights

Focus Areas

Electronics
Manufacturing
Semiconductor

Recent Investors

General Catalyst logo
Founders Fund logo
Valor Equity Partners logo

Financials

$1B

Valuation as of 10/28/2025

$100M

Total Raised

1

Funding round

3

Investors