Fab2 raises $500 million Series A at a $3.7 billion valuation
Fundomo led the semiconductor manufacturing company’s first disclosed financing.
Fab2 announced the round on September 8, 2026. Other named investors include Naval Ravikant, Corner Capital, Paradigm, Duquesne Family Office, Maverick Silicon, StepStone Group, Protagonist and UDC Ventures.
Previously called Atomic Semi, the company is developing its own semiconductor manufacturing equipment and software. Its plan is to reproduce fabrication facilities through a factory that makes fabs. The $3.7 billion figure is the company’s valuation; the capital raised is $500 million.