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Openchip gets extra €15M from Catalan govt after SETT delays round

The Generalitat de Catalunya has increased its investment in chip designer Openchip to €50 million, adding €15 million after the SETT (a strategic technology fund) stepped back, cooling negotiations to close an investment round. This signals continued public support for the company amid private funding delays, highlighting reliance on government backing for strategic semiconductor projects in Spain.

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Expansión2 days agoESCredibility 21%View source

Score Breakdown

Mosaic Score5.1
Model confidence0.7
Significance0.5
Source credibility0.2
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