# Fab2 raises USD 500 million Series A at USD 3.7 billion valuation to build small chip factories at scale

AIPressRoom reported that Austin, Texas semiconductor startup Fab2, formerly Atomic Semi, had raised USD 500 million in Series A funding at a USD 3.7 billion valuation, led by New York-based Fundo, with Maverick Silicon, Corner Capital, Paradigm, StepStone Group and others participating. It would build standardized small chip manufacturing plants at scale, expanding capacity with less capital and supporting localization of the US chip supply chain.



Canonical: https://uniquebase.ai/news/fd1d2e57-31d5-4178-b8e2-df402cf2f313
Stable identifier: fd1d2e57-31d5-4178-b8e2-df402cf2f313
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-16T00:28:03.023Z

## Connected profiles

- [Corner Capital](/institutions/corner-capital)
- [Duquesne Family Office](/institutions/duquesne-family-office)
- [Fab2](/companies/fab2)
- [Fundo](/institutions/fundo)
- [Maverick Silicon](/institutions/maverick-silicon)
- [Paradigm](/institutions/paradigm)
- [Protagonist](/institutions/protagonist)
- [StepStone Group](/institutions/stepstone-group)
- [UDC Ventures](/institutions/udc-ventures)

## Sources

- https://aipressroom.com/fab2-500m-chipmaking/