Analysis

April 28, 2023

Is the EU's response to the chips race leaving its startups behind?

A €43bn plan to boost semiconductor manufacturing seems to benefit incumbents over startups


Zosia Wanat

5 min read

(Image: Sergei Starostin/Pexels)

Over the next decade, British semiconductor scaleup Pragmatic wants to build around 100 manufacturing plants — or fabs. It's raised $186m from investors, including from the CIA’s VC arm, In-Q-Tel. 

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Zosia Wanat

Zosia Wanat was a senior reporter at Sifted. She covered the CEE region and policy. Follow her on X and LinkedIn

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