€115m Series A financing
Silverpeak’s deep understanding of the semiconductor ecosystem and articulation of SiPearl’s strategic value led to a landmark fundraise
About our client
SiPearl produces the world’s first HPC-dedicated microprocessor designed to work with any third-party accelerator (GPU, AI, Quantum), and deliver energy-efficient computing at scale.
Why they chose us
Given its deep understanding of the semiconductor and wider HPC ecosystem, Silverpeak was perfectly positioned to communicate the unique value proposition of SiPearl to the global investor landscape.
Silverpeak’s global execution capability enabled successful closure of a complex and highly strategic transaction, managing numerous stakeholder interests, intricate technical diligence and political considerations.
How we added value
Silverpeak delivered a financing approach in sync with SiPearls strategic positioning in the European ecosystem and its worldwide ambition.
Silverpeak built the financial business plan and fundraising materials to reflect the a unique market opportunity and detailed product roadmap, together with exceptional operational expansion.
Silverpeak designed a strategic investor syndicate involving public and corporate investment, whilst preparing the company for future financial investors.
The successful outcome
The company successfully closed Europe’s largest ever semiconductor Series A, and the largest deeptech Series A in Europe during Q1’23.
Transaction Summary
Client
SiPearl
Deal Type
Financing
Counterparties
Sector
Deeptech
Amount
€115m
Countries
UK / FR
Silverpeak team
We selected Silverpeak for its financing expertise, its ability to deliver a seamless international execution with a French flavour and, of course, heaps of deeptech and semiconductor expertise. They haven’t disappointed in a transaction whose size and industry-changing nature made the process complex and unusually long. We are delighted with the results which will allow SiPearl to deliver its first product next year.