# EU to invest €525 million in chip startups

https://mins.news/en/item/129478

- Reuters, 2026-11-04 18:00 UTC
- Tech
- Original: https://www.reuters.com/world/china/europe-invest-525-million-chip-startups-catch-up-with-us-china-2026-11-04/?link_source=ta_bluesky_link&taid=6aeb72c7a8565500013f03a1

> The European Union will invest €525 million ($590 million) to help chip startups scale up faster, EU tech chief Henna Virkkunen said Wednesday. The investment is part of a drive for Europe to catch up with the United States and China.

## Related coverage

- [Europe bets €525 million on chip-design start-ups](https://mins.news/en/item/130418) — euronews, 2026-11-05