Substrate logo

Substrate

Recent Finacing

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

Valor Equity Partners logo
General Catalyst logo
Founders Fund logo

Financials

$1B

Valuation as of 10/28/2025

$100M

Total Raised

1

Funding round

3

Investors