Space Forge raises $30M Series A to make chip materials in space

From AI to EVs, demand for semiconductors is exploding, but silicon is hitting its limits. Making more efficient chips requires new materials, ones far less ubiquitous than sand, but the solution might be out there — literally.

Space Forge, a U.K. startup headquartered in Cardiff, Wales, recently raised a £22.6 million (approximately $30 million) Series A to make wafer materials in space, where unique conditions unlock new possibilities. 

For instance, the Welsh startup earlier won funding for a project through which BT (formerly…