ChipAgents Raises $21M Series A to Automate Semiconductor Design as Usage Surges 60x
Summary
ChipAgents secures $21M Series A funding led by Bessemer Venture Partners to revolutionize semiconductor design with AI automation, experiencing explosive 60x usage growth as top chip manufacturers embrace the platform to tackle increasingly complex billion-gate processors and accelerate time-to-market.
Key Points
- ChipAgents raises $21M in Series A funding led by Bessemer Venture Partners with backing from Micron Technology, MediaTek, and Ericsson to develop agentic AI platform for semiconductor design and verification
- The platform automates routine chip design tasks and verification processes, helping engineers manage increasingly complex chips with billions or trillions of logic gates while reducing time-to-market
- Usage surges 60 times in first half of 2025 with many top 20 semiconductor firms adopting the technology, as ChipAgents plans to open new headquarters in Santa Clara