European Sovereignty Monitor

Industry, investment and R&D

Spain's SETT invests EUR 115.8 million in chip designer Openchip

Spain's Council of Ministers authorised SETT to make a EUR 115.8 million equity investment, via the Recovery Plan's Next Tech facility, in Catalan firm Openchip to scale its high-performance, energy-efficient AI and HPC chip design.

Verified Plan de Recuperación, Transformación y Resiliencia (Gobierno de España), 29 June 2026

What it does not test. Does not disclose Openchip's resulting ownership split between the state and existing shareholders.

How this item counts. Towards autonomy: it changes who owns. Binding 2 of 3 (agreed or funded), scale 2 of 3 (medium), Verified counts in full: weight +4 of 36 possible. Spain's SETT takes EUR115.8M equity stake in Catalan chip designer Openchip (own); split undisclosed.. European Sovereignty Index

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