Substrate
PrivateLast Round
Early Funding
Oct 29, 2025
Est. Valuation
$1B
Total Funding Raised
$108M
Company Overview
Substrate is a semiconductor company that has developed a new form of advanced X-ray lithography to manufacture advanced AI chips.
Sector
AI, Data & Cloud Infrastructure
Verticals
Semiconductors, ML Platforms, Defense Tech, Workflow Automation, Database Management
Business Model
B2B
Customer Profile
Usage-Based SaaS, Services & Consulting, Government Contracts, Subscription SaaS, Freemium
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Substrate Comps
Public and private peers based on sector, stage, and business model.
Substrate Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Oct 29, 2025 | ||||
| Seed | Jun 20, 2024 |
Substrate Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Allen & Company | Early Funding |
| South Park Commons | Seed |
| Craft Ventures | Seed |
| Founders Fund | Early Funding |
| General Catalyst | Early Funding |
| Long Journey Ventures | Early Funding |
| Valor Equity Partners | Early Funding |
Market signals
Structured signals derived from secondary market and firmographic data.
- Dec 3, 2025
Developed a new system that rivals ASML's advanced lithography machines.
- Oct 29, 2025
$100M raised at $1B post-money valuation.
Substrate Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Substrate's valuation, stock price, and market status.
