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Last Mile Semiconductor and the EIC Accelerator: A European IoT Chip

September 30, 2026866 words5 min

Last Mile Semiconductor, a fabless chip company founded in Dresden in 2022, designs a system-on-chip for DECT NR+, an ETSI standard recognised by the ITU as a non-cellular 5G technology, which lets devices form their own long-range, low-power wireless networks in the licence-free 1.9 GHz band without a mobile operator. Its EIC Accelerator project, SECURE-E, "Secure and Efficient Chipset for Uninterrupted Reliable Connectivity in Europe", receives an EU contribution of €2,493,313 and runs from December 2024 to November 2026, according to CORDIS. The chip combines radio, baseband, RISC-V processors and a quantum-resistant secure element, targeting range of up to 6 kilometres.

In the first year, the report says, the company taped out its first NR+ test chip in 22-nanometre FDSOI at GlobalFoundries in Dresden, with all major blocks integrated, but "as expected for a first silicon revision, some performance targets such as sensitivity, low power behaviour of PLL and digital baseband, and full SoC low power modes will require optimisation in the next version", according to CORDIS. FPGA prototypes were used for demonstrators, including low-latency audio streaming with Sennheiser, and work with pilot customers was ongoing. In December 2025 the company closed a seven-figure seed round with TGFS, the EIC Fund and MBG Sachsen to prepare series production, according to TGFS.

22 nmFirst test chip, GlobalFoundries Dresden
6 kmTarget range without infrastructure
7-figureSeed round with EIC Fund, 2025
4First-silicon areas needing rework

Company file

Legal entity
Last Mile Semiconductor GmbH, Dresden
Founded
2022
Product
LM10 series NR+ system-on-chip family
Foundry
GlobalFoundries Dresden, 22 nm FDSOI
Investors
TGFS, EIC Fund, MBG Sachsen, Cloudberry VC
Demo partner
Sennheiser (audio)
EIC funding
Blended finance, €2.49M grant plus EIC Fund equity

Where Last Mile Semiconductor Stands Now

The NR+ ecosystem is growing: the DECT Forum's September 2026 release names Last Mile Semiconductor and Nordic Semiconductor as the chip suppliers, alongside software firms and product companies including Siemens, Schneider Electric and Legrand, ahead of DECT World in November 2026, according to Last Mile Semiconductor. The company has not announced production silicon, customers or revenue. Its accounts were not accessible in free sources.

"As expected for a first silicon revision, some performance targets such as sensitivity, low power behaviour of PLL and digital baseband, and full SoC low power modes will require optimisation in the next version."

Last Mile Semiconductor, EIC project report

The Technology: 5G Without the Network

Wi-Fi, Bluetooth, LoRa and cellular IoT each cover part of the need for connected sensors, but none combines long range, low power, low cost and strong security, the EIC report argues. NR+ lets organisations build private wireless networks without depending on a public operator. Last Mile's chip integrates the radio and a secure element on one die made in Dresden, which it presents as a European supply chain alternative.

What the EIC Award Promised, and What the Record Shows

The project runs to November 2026, so it is too early to judge it. First silicon exists but falls short on sensitivity and power, which are core selling points for an IoT chip. A second revision is needed before pilot customers can validate performance and before regulatory compliance work.

  1. First test chipTaped out22 nm FDSOI.
  2. Performance targetsPartly metRework needed.
  3. Pilot customer validationOngoingNone named.
  4. EIC equityInvestedSeed round, 2025.

The Money

The EIC Fund invested in Last Mile's seven-figure seed round alongside Saxony's TGFS and MBG, one of the cases where the EIC's equity was deployed. The round size was not disclosed exactly.

What Cannot Be Checked

Questions for the EIC

How much the EIC Fund invested, when the second chip revision will tape out, which pilot customers are testing it, and when volume shipments are planned are not public.

Why Europe Should Care

The report ties the chip to the Chips Act, the Cybersecurity Act and digital sovereignty: a European-designed, European-made wireless chip for buildings, meters and industry.

What the award promised

A secure, efficient European NR+ chipset ready for commercialisation.

What the record shows

First silicon taped out, rework needed, EIC Fund on board.

The Verdict

First silicon, second try needed

Last Mile has a chip and investors. It now needs a revision that meets its own targets.

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

Industry

Electronics and semiconductorsSemiconductors

Focus
  • RF chips
Technologies
  • Semiconductor design
  • Wireless communication
Keywords
  • DECT NR+
  • Internet of Things
  • Private wireless networks

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Last Mile Semiconductor#semiconductors#IoT#wireless#DECT NR+#Germany
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