Source Foundry
Developing new AI chip manufacturing tools to revolutionize semiconductor production.
About
Source Foundry is a private company dedicated to creating a new paradigm for semiconductor manufacturing by developing advanced tools for AI chip production. Their technology aims to address the increasing demand for specialized materials and efficient processes in the rapidly evolving AI landscape.
Key facts
At-a-glance profile data
- Total funding
- $800M (Funding Round)
- Business model
- B2B
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 9 Aug 2026 | Funding Round | $400M | Situational Awareness |
| 15 May 2024 | Seed | $400M | Situational Awareness |
Frequently asked
what is Source Foundry
Source Foundry is a private semiconductor manufacturing startup founded in 2025 in San Francisco by Stanford researchers Abdulmalik Obaid and Joe Burg. It is dedicated to creating a new paradigm for semiconductor manufacturing by developing advanced tools for AI chip production. The company is backed by investors including Sequoia Capital and Situational Awareness and focuses on tooling for semiconductor manufacturing starting in lithography.
how does Source Foundry work
Source Foundry develops simpler, lower cost and more efficient methods for semiconductor lithography and manufacturing. Its technology targets the tightest bottleneck in tooling for semiconductor manufacturing, aiming to provide an alternative to complex and expensive processes such as extreme ultraviolet lithography. The approach is intended to make AI chip production faster and cheaper and to help address the gap between AI computing demand and traditional chip production capacity.
Source Foundry features
Source Foundry features development of tools and processes for semiconductor manufacturing with an initial focus on lithography. Its technology is designed to be simpler, more cost effective and faster than existing manufacturing methods. The features aim to address bottlenecks in AI chip production and to enable more efficient scaling of advanced semiconductor manufacturing.
How much funding has Source Foundry raised?
Source Foundry has raised a total of $800M in funding. The most recent round on record is Funding Round.