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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Germany : € 12,500,000
    France : € 12,500,000
    Industry : € 25,000,000
    Signature date(s)
    25/02/2022 : € 12,500,000
    25/02/2022 : € 12,500,000

    Summary sheet

    Release date
    14 June 2021
    Status
    Reference
    Signed | 25/02/2022
    20210452
    Project name
    Promoter - financial intermediary
    SIPEARL (EGF VD)
    SIPEARL SAS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 88 million
    Location
    Sector(s)
    Description
    Objectives

    SiPearl aims to develop microprocessors for high performance computing and data centres.

    The project aims to deliver a high-performance, energy-efficient processor with high security and safety requirements that will support the next generation of computing and data infrastructure. The project's objective aims at supporting the creation of a world-class European High-Performance Computing and Big Data ecosystem.

    Additionality and Impact

    SiPearl is a French SME founded in 2019, which has grown to ca 75 FTEs based in France, Germany and Spain. SiPearl is putting together a large team of experts in Europe dedicated to HPC technologies, with the view to become the European leader in designing and building the next generation of European Computer Processor Units ("CPUs") for supercomputers ("HPC") and other industrial applications. The company aims to reduce the existing dependencies of Europe on North-American and Asian semiconductor companies and become a key player in the European HPC market. The project entails research and development activities and is expected to generate positive externalities, such as knowledge transfer, increased competition, and productivity growth through innovative computing technology.

    Environmental aspects
    Procurement

    Semiconductor research, development and innovation (RDI) activities are not specifically covered by Annexes I & II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU, and therefore not subject to mandatory environmental impact assessment (EIA).

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - SIPEARL (EGF VD)
    Publication Date
    23 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    149921316
    Document Focus
    Environmental Information
    Project Number
    20210452
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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