Noerr Advises FMC on €100 Million Financing Round in European Semiconductor Sector

Noerr advised Dresden-based semiconductor and memory chip company FMC on its €100 million financing round. The transaction comprises €77 million in equity raised through an oversubscribed Series C financing round and €23 million in public funding. The Series C equity round, which counts prominent existing and new investors among its backers, is led by HV Capital and the DeepTech & Climate Fonds (DTCF) and includes participation from Vsquared Ventures as well as existing investors eCAPITAL, Bosch Ventures, Air Liquide Venture Capital, M Ventures (Merck) and Verve Ventures. The equity raise ranks among the largest capital infusions of its kind in the semiconductor industry. The additional €23 million in funding was sourced through public programs, including contributions from the IPCEI ME/CT programme and the European Innovation Council (EIC). The proceeds will accelerate the commercialisation of FMC’s DRAM+ and 3D CACHE+ memory chips and system solutions, support the expansion of the company’s global presence and leverage FMC’s technology advantages in energy efficiency to facilitate the global ramp-up of AI data centres and AI edge applications in the €100+ billion memory chip market. Noerr represented FMC with a team composed by: Felix Blobel (Partner, Venture Capital, Berlin); Sebastian Wündisch (Partner, IP, Dresden). Noerr represented FMC — Corporate team: Uwe Brendler (Associated Partner, Dresden); Asina Roth (Senior Associate, Berlin); Elmar Trautmann (Associate, Berlin); Furkan Kaya (Associate, Berlin); Miriam Tormin (Associate, Berlin). Noerr represented FMC — Tax team: Andre Happel (Partner); Peter Scheuch (Associated Partner, Berlin); Eric Epler (Senior Associate, Frankfurt); Ekaterina Kharmats (Associate, Berlin). Noerr represented FMC — Antitrust team: Peter Stauber (Partner, Berlin).

Noerr Advises FMC on €100 Million Financing Round in European Semiconductor Sector

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