Company

Source Foundry

Stealth-stage chip manufacturing startup aiming to reinvent semiconductor fabrication, believed to compete with ASML, backed by Stanford researchers.

SemiconductorsManufacturing

Funding History

Aug 10, 2026

Stealth chip manufacturing startup Source Foundry raised $400M from Situational Awareness hedge fund after the firm unwound its public equity book. Sequoia Capital is an earlier investor. The company is believed to be an ASML competitor and has a team of Stanford researchers.

400M

Investors

Situational AwarenessSequoia Capital

News

News (1)

Situational Awareness bets $400M on stealth chip startup Source Foundry after unwinding public book
10 Aug 2026