Tech Company Financing Transactions
Source Foundry Funding Round
Source Foundry secured a $400 million funding round on 8/9/2026. Investors included Situational Awareness.
Transaction Overview
Company Name
Announced On
8/9/2026
Transaction Type
Venture Equity
Amount
$400,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
The Mission: The company is building next-generation machinery and lithography alternatives to challenge Dutch giant ASML, aiming to make AI chip manufacturing faster and vastly cheaper.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Joe Burg
Co-Founder
Abdulmalik Obaid
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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