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Norway's Lace Secures $40M to Revolutionize Chipmaking Technology

3/24/2026

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Story summary
  • Lace, a Norway-based chipmaking startup backed by Microsoft, raised $40 million in a round led by Atomico with participation from Microsoft’s M12 to advance its helium-atom-beam lithography.
  • The helium-atom-beam approach enables chip designs smaller than current capabilities, according to Bodil Holst, CEO of Lace, who says it could achieve atomic-resolution features and boost AI performance.
  • Lace plans to deploy a test tool in a pilot fabrication plant by 2029.