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Semiconductors are on a pretty good run right now.

San Jose, California-based became the second chip startup this week to raise big — locking up a $75 million equity round co-led by the and .

On Monday, Santa Clara, California-based , a developer of a laser manufacturing technology platform for the semiconductor industry, raised an $80 million Series B led by .

DreamBig, founded in 2019, develops chiplet platforms and its specialties include applications in large language models, generative AI and more. The company has raised nearly $93 million, per ºìÌÒÊÓƵ data.

AI boon

The semiconductor industry seems to be riding the current AI craze, as the market looks for specialized generative AI chips that are more cost-effective and energy-efficient, but also faster.

The DreamBig raise is just the latest big round in the industry. Besides the Halo round, San Francisco-based locked up a $120 million round led by and late last month.

Other big deals in 2024 include:

• This month raised nearly $275 million — mainly from the German government.
• In March, optical interconnectivity startup raised a massive $175 million Series C led by ’s . Celestial’s photonic fabric platform helps separate compute and memory, making processing extensive AI faster and more energy-efficient.
• In February, San Jose, California-based , which is developing its AI inference chip for both the generative AI and automotive industries, raised a $102 million Series C co-led by and .

Overall, venture funding to semiconductor chip startups continues to be strong. Thus far in 2024, VC-backed chip startups have raised nearly $5.7 billion in just 210 deals, per ºìÌÒÊÓƵ .

Last year, startups saw less than $10.4 billion in 498 deals.

Related ºìÌÒÊÓƵ Pro list:

Related reading:

• AI Chip Startup Etched Captures $120M In Hot Market
• Generative AI Chip Designer Recogni Locks Up $102M
• Chip Startup Celestial AI Lands Massive $175M Series C
• Semiconductor Startup Funding Looks To Bounce Back After Lackluster 2023

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