Tendrils Raises €26Mn to Develop Next-Generation Processors for Faster Computing

Nov 12, 2026 | By Oliver Bennett

Cambridge-based semiconductor startup Tendrils has raised €26 million ($30 million) in a Seed funding round. The company is developing a new type of general-purpose processor designed to handle thousands of computing tasks at the same time.

SUMMARY

Tendrils raised €26 million ($30 million) in a Seed funding round led by Benchmark.
The startup is developing a new processor architecture designed to handle thousands of computing tasks simultaneously.
Founded in 2025 in Cambridge, UK, by Nils Cremer, T6 and Hugo McNally.

The funding round was led by Benchmark, with participation from Visionaries Club, the UK Sovereign AI Fund, FR8, Antimatter, Cloudberry VC, Conviction, Embassy Ventures and SV Angels. Several angel investors also joined the round.

As part of the investment, Jack Altman, General Partner at Benchmark and co-founder of HR technology company Lattice, has joined Tendrils' board. His appointment brings additional experience and support as the startup develops its processor technology.

Tendrils was founded in 2025 in Cambridge, UK. The company is led by CEO and co-founder Nils Cremer, along with co-founders T6 and Hugo McNally.

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Before starting Tendrils, Cremer researched interaction nets at ETH Zürich. His work focused on a computing model that now serves as the foundation for the company's new processor design.

Tendrils banner: “Building the new default chip for computation,” with a $30M round led by Benchmark.

Tendrils aims to solve some of the limitations found in today's computer processors. The company believes that most modern CPUs still rely on designs originally created for older processors that handled one task at a time.

Although chipmakers have introduced new technologies to improve processor performance, Tendrils believes that continuing to support older computing designs makes processors more complex and limits their ability to handle larger workloads efficiently.