Startup profile for Fab2: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Fab2 funding, valuation and investors

Vertically integrated semiconductor manufacturer building components, fab tools, complete fabs, and browser-based chip-design software.

Verified company research · funding, investors and latest developments

Keep track of Fab2

Save this profile to your VCT watchlist for a quick return.

View watchlist

Funding, valuation & investors

Answer-first snapshot

Latest funding

Series A

$500M · September 2026

Latest known valuation

$3.7B

Series A · September 2026

Total disclosed equity funding

$500M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series a · Austin, Texas and San Francisco, California, USA

Investors in latest funding

Lead: Fundomo

Other: Paradigm , StepStone Group

Sources: latest funding · news.crunchbase.com Last verified: 2026-09-12

Overview

Fab2, formerly Atomic Semi, was founded by Sam Zeloof and Jim Keller. It says it designs and manufactures fab components and tools, assembles complete semiconductor fabs, and develops Studio, a browser-based collaborative EDA product. Crunchbase News reported a $500M Series A at a $3.7B valuation in September 2026.

Why Fab2 is interesting

Fab2's reported $500M Series A at $3.7B finances an attempt to manufacture the equipment and factories behind chips, not only the chips themselves.

Product & use cases

Fab2 combines semiconductor equipment and component manufacturing, complete fab assembly, chip production, and collaborative EDA software.

  • Build smaller software-defined semiconductor fabs
  • Design chips in browser-based Studio
  • Manufacture fab tools and components in-house

Key facts

  • $500M Series A at $3.7B reported by Crunchbase News (Sep 11, 2026)
  • Fundomo led; Fab2 lists Corner, Paradigm, Duquesne Family Office, Maverick Silicon, StepStone, Protagonist, UDC Ventures, Naval Ravikant and others
  • Company lists 120,000 sq ft Austin fab, 30,000 sq ft Lockhart fab-factory, and 25,000 sq ft San Francisco garage fab

Funding history (newest first)

Series A

2026-09 $500M Valuation: $3.7B
  • Fundomo (lead)
  • Paradigm (participant)
  • StepStone Group (participant)

Source: Read source · news.crunchbase.com

Market / IPO context

Editorial / static context — not a live quote.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.