# Fab2 reports $500 million Series A for modular chip-fab buildout

_Tuesday, September 8, 2026 at 8:56 PM EDT · Infrastructure · Latest · Tier 2 — Notable_

Fab2 said it closed a $500 million Series A at a $3.7 billion valuation to expand its effort to build semiconductor-fab equipment in house and assemble smaller fabs from it. The company operates a roughly 120,000-square-foot fab in Austin and a roughly 30,000-square-foot equipment facility in Lockhart, Texas. Fab2, founded as Atomic Semi in 2022, says its approach includes equipment ranging from pumps and gas lines to lithography tools and vacuum chambers.

## Sources

- [en.wowtale.net](https://en.wowtale.net/2026/09/09/235046/)

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Publisher: Tech & Business (techandbusiness.org)