GlobalFoundries Accelerates and Strengthens Europe’s Semiconductor Ecosystem through Strategic Partnership with Cloudberry

Collaboration to deepen Europe's innovation ecosystem and provide startups early access to advanced manufacturing platforms to accelerate innovation

DRESDEN, Germany - December 18, 2025 - GlobalFoundries (NASDAQ: GFS) (GF) today announced a partnership with Finnish venture capital firm Cloudberry to accelerate and strengthen Europe's semiconductor and photonics startup ecosystem. The collaboration includes GF's participation as a limited partner in Cloudberry's new fund and its commitment to provide technology expertise and resources that help emerging companies accelerate innovation from concept to industrial scale.

Through its partnership with Cloudberry, GF gains direct access to Europe's emerging semiconductor and photonics startups-from university spin-offs to seed and Series A ventures. This early engagement helps deepen the ecosystem by allowing GF to synchronize its technology roadmap with innovative applications and collaborate within promising markets such as autonomous vehicles, Physical AI, Industry 4.0 and next generation communications.

As a strategic investor in Cloudberry's newly launched dedicated venture fund, GF strengthens its support for the next generation of European semiconductor leaders. This collaboration provides GF with early insight into breakthrough innovations, aligning its expertise with future market needs and actively bridging the gap between academic research, early prototypes and volume production.

As one of the world's leading manufacturers of essential semiconductors, GF offers differentiated platforms such as FDX, RF technologies, Silicon Photonics and power devices optimized for automotive, industrial, IoT AI and consumer applications. Startups supported through Cloudberry will gain structured engagement with GF's technology teams and design resources-reducing time-to-market while accelerating growth.

"GlobalFoundries' market-leading, highly specialized chip technologies are built on innovation and collaboration," said Manfred Horstmann, General Manager and Senior Vice President at GlobalFoundries Dresden. "By partnering with Cloudberry, we are accelerating and deepening Europe's semiconductor ecosystem, working closely with early-stage startups to gain insight into emerging innovations and deliver tailored solutions that help them scale quickly, giving them a competitive advantage when they enter the market."

"We see this partnership as the beginning of a long-term initiative to further strengthen the European semiconductor ecosystem," said Veera Pietikäinen, founding partner at Cloudberry. "Europe has world-class talent and deep technological expertise in semiconductors and photonics, and companies like GF have already made significant investments to develop and scale that expertise. Building on this foundation, we are creating a specialized platform to help these companies grow even further, thereby reinforcing Europe's technological sovereignty."

About GF  

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work and connect. We innovate and partner with customers to deliver more power-efficient, high-performance products for the automotive, smart mobile devices, internet of things, communications infrastructure and other high-growth markets. With our global manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted and reliable source for customers around the world. Every day, our talented global team delivers results with an unwavering focus on security, longevity and sustainability. For more information, visit www.gf.com. 

©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. Or its subsidiaries. All other trademarks are the property of their respective owners.

About Cloudberry

Cloudberry is Europe's first dedicated venture capital firm investing in semiconductors, photonics and advanced materials. Backed by strategic investors, including GlobalFoundries, a leading manufacturer of essential semiconductors, and Radiant, a global leader in photonics, Cloudberry offers specialised support to help Europe's best semiconductor startups scale. More information at cloudberry.vc. 

Forward-looking information 

This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.   

Contact:

GF:

Marian Möbius

EMEA Corporate Communications

[email protected]

0172-5885944

Cloudberry:

René Kromhof

Founding Partner

[email protected]