Substrate
6 known investors
Substrate develops X-ray lithography technology for semiconductor manufacturing, using synchrotron-generated light to print chip features at very small scales. The company focuses on advancing semiconductor production in the United States.
Deep TechHardwareSemiconductors
Investors · 6
Long Journey VenturesSan Francisco · $100K – $1M
Founders FundreportedSan Francisco · $500K – $5M
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General CatalystreportedSan Francisco · $30M
In-Q-TelreportedTysons · $100K – $2.5M
Valor Equity PartnersreportedChicago
Also in the syndicate · 1
Allen & Co
Funding
SEC filings, press & company announcements$100M disclosed across 1 of 2 rounds · 2025–2026
- $100MraisedOct 2025 · 3 sources
Allen & Co, Founders Fund, General Catalyst, In-Q-Tel, Long Journey Ventures, Valor Equity Partners
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 2
by search overlap
Forge Global24 shared keywordsForge operates a secondary marketplace where accredited investors can buy and sell shares in private, pre-IPO companies, backed by real-time pricing data, historical valuation trends, and market signals. It provides pricing insights on private companies (including its proprietary Forge Price metric) and offers optional specialist support to facilitate transactions.
Nasdaq Private Market23 shared keywordsNasdaq Private Market operates infrastructure for private-company securities, offering liquidity programs (tender offers, buybacks, auctions), a secondary marketplace for accredited investors to buy and sell pre-IPO shares and funds, market data and intelligence, patented settlement technology, and capital-raising solutions. It serves private companies, employee shareholders, institutional and individual investors, and banks/brokers.
Companies competing with Substrate for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Substrate do?
- Substrate develops X-ray lithography technology for semiconductor manufacturing, using synchrotron-generated light to print chip features at very small scales. The company focuses on advancing semiconductor production in the United States.
- Who are Substrate's investors?
- Substrate's investors include Long Journey Ventures, Founders Fund, General Catalyst, In-Q-Tel, Valor Equity Partners.
- How much funding has Substrate raised?
- Substrate has disclosed $100M raised across 1 of its 2 known rounds.