John Petersen

Person

Last mentioned: Mar 24, 2026

Stories mentioning John Petersen 2

funding Bullish

Microsoft-Backed Lace Raises $40M to Disrupt ASML with Helium Lithography

Norwegian startup Lace has secured $40 million in funding to advance its helium atom beam lithography technology, aiming to surpass the physical limits of current light-based chipmaking. Backed by Microsoft and major venture firms, the company claims its approach can create chip features ten times smaller than existing industry standards.

2 sources
funding Bullish

Microsoft-Backed Lace Secures $40M to Challenge ASML with Helium Lithography

Norwegian startup Lace has raised $40 million to advance its helium atom beam lithography technology, aiming to shrink chip features by an order of magnitude. Backed by Microsoft and Atomico, the company seeks to provide an alternative to ASML's dominant light-based systems in the race for next-generation AI hardware.

2 sources