ARCANO has advised IDEADED on a funding round led by SETT with participation from private investors.
- IDEADED is a deep-tech semiconductor company pioneering the development of non-silicon, low-dimensional-material microchips designed to deliver higher performance and energy efficiency at lower cost. The company brings together a multidisciplinary team of over 50 professionals, including PhD-level scientists and award-winning researchers in nanotechnology, chemistry, and electronic engineering, alongside seasoned executives from the semiconductor and technology industries. This combination of scientific excellence and industrial know-how positions IDEADED at the forefront of the next generation of semiconductor innovation.
- SETT (Sociedad Española para la Transformación Tecnológica) is a public investment vehicle under the Spanish Ministry for Digital Transformation and the Civil Service. Created in 2020, SETT manages and deploys over €16 billion to accelerate Spain’s technological and industrial transformation. It channels funding from strategic national programmes such as the PERTE Chip for semiconductors and microelectronics, the Next Tech Fund for deep-tech innovation, and the Spain Audiovisual Hub for creative industries.
Transaction Rationale
- Drive industrial deployment
Provide IDEADED with the necessary capital to start production of its non-silicon-based microchips, while simultaneously advancing key research and development.
- Validate technology and scale commercialization
Move from pilot tests to large-scale validation, ensuring commercialization with top-tier industrial clients.
- Incorporate strategic partners
Attract investors who contribute both financial resources and strategic vision to support IDEADED’s growth trajectory.
This transaction highlights ARCANO’s role in coordinating a public-private operation of strategic importance for the Spanish semiconductor ecosystem, while reinforcing its position as a leading advisor to technology companies, entrepreneurs, and founding teams in the Iberian region market.
