Add as a preferred source on GoogleArdian Raises €1 Billion for Semiconductor Investment Strategy
Nearly €700 million came through fund commitments, with the balance coming from co-investments.
Ardian Semiconductor completed €1 billion in fundraising for its semiconductor strategy, with investors from the Middle East and North Africa accounting for 41% of the capital.
Nearly €700 million was committed to the fund. Co-investments made up the rest. French investors accounted for 24% of the total.
The investor base includes government agencies, sovereign wealth funds, semiconductor companies, insurers and private wealth clients. The strategy launched in October 2023 and targets companies across the semiconductor value chain, focusing mainly on Europe while also investing in North America and Asia.
One investment is VSORA, a French chip company that designs AI inference accelerators.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.