A Netherlands-based firm which makes specialised measurement and inspection technology used in chip manufacturing has raised $380m in new funding, valuing it at $1.6bn, it said today.

The Series D round in Nearfield Instruments was led by new investor US investing giant Fidelity, along with Singapore state fund Temasek, deeptech VC Walden Catalyst, European VC Innovation Industries, asset manager M&G Investments, and the Dutch national finance investor Invest-NL.

Qatar Investment Authority (QIA) participated in the round as a new investor, while other investors included TNO Ventures and ING.

Rotterdam-based Nearfield Instruments said the round is the largest ever deepdech funding round in the Netherlands.

In July last year, it raised $148m from Temasek and Walden Catalyst.