Videantis and the EIC Accelerator: A European Chip Designer Sold

Videantis, founded in Hannover in 2004 and led by founder and chief executive Hans-Joachim Stolberg, licenses processor designs that run deep learning, computer vision, image processing and video coding on a single array of identical cores, and its designs are built into driver-assistance chips used by carmakers. It was selected in the EIC Accelerator's June 2023 cut-off with blended finance and received an EU grant of €2.50 million for VIVID, a €9.51 million project from December 2023 to November 2025 to build "Europe's first unified and versatile processing platform architecture in 5nm technology", according to CORDIS. The project was presented as helping Europe reduce its dependence on chip suppliers from the United States and China.

The final report says Videantis brought a prototype chip into operation as a lab demonstrator, mapped neural networks onto it, redesigned it as a compact M.2 evaluation board, expanded its tools to multi-cluster designs, specified the full VIVID system-on-chip and completed RTL code and synthesis, with "design verification through RTL simulation and FPGA mapping" still "ongoing", according to the CORDIS reporting page. No 5nm chip has been announced. On 19 May 2026 Mythic, a Palo Alto start-up developing analog compute-in-memory AI chips, announced it had acquired Videantis, which will operate as "a wholly owned subsidiary of Mythic", according to Videantis.

Where Videantis Stands Now

Mythic says Videantis's processors have "powered more than 25 million chips shipped worldwide", are used by all top three European carmakers and ship "inside chips from a top three global semiconductor company". All five founders are joining Mythic, which recently raised $125 million and agreed with Honda to co-develop car AI chips; eCAPITAL, Videantis's lead investor, became a Mythic shareholder in the deal. The price was not disclosed. Mythic presents the deal as creating "a powerful transatlantic AI semiconductor platform". Videantis lost €2.66 million in 2024 and a capital increase was registered in December 2025, according to North Data.

The Technology: One Core for Every Job

Most AI chips combine different specialised blocks, neural processing units, GPUs, signal processors, video codecs, each with its own software. Videantis uses a scalable array of identical programmable cores for all of these tasks, which it says gives higher utilisation at lower power. The VIVID project aimed to scale that array to hundreds of cores on a single 5nm die for central car computers.

What the EIC Award Promised, and What the Record Shows

The award promised a 5nm processor platform to give European carmakers their own high-performance chips. By the end of the project Videantis had a working prototype and a specified, synthesised design still under verification; no 5nm chip was produced. The company then passed into American ownership; what rights Mythic acquired to the VIVID results is not public.

1. Prototype demonstratorDeliveredLab and M.2 boards.
2. 5nm SoC architectureDesignedVerification ongoing.
3. 5nm chipNot producedNone announced.
4. European strategic autonomyReversedOwned by US firm.

The Money

The EU grant covered 26% of the project; Videantis funded the rest. It had been profitable in 2019 and 2020 and lost €1.7 million to €2.7 million a year from 2021 to 2024. Whether the EIC Fund invested under the blended award has not been announced, and the acquisition releases do not mention it. The price Mythic paid is not public.

What Cannot Be Checked

Why Europe Should Care

The EIC funded VIVID as a contribution to the European Chips Act and to Europe's control over its own processor technology. Six months after the project ended, the company behind it belonged to a Californian start-up. Videantis continues as a Mythic subsidiary, but the strategic argument the grant was built on has changed hands.

The Verdict

Videantis, Mythic and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.