ChipAgents, a startup building AI agents that design and test semiconductors, has raised $60 million. The company, a partner of Nvidia, is betting that the same agentic AI reshaping software can be turned on the painstaking business of making chips.
The raise adds to an already busy year. ChipAgents closed a $21 million Series A last October and a $50 million round in February, so the latest cheque takes its total funding to roughly $134 million in under a year, a pace that tracks the wider rush into AI-native chip-design tools.
“We’re enabling the industry to move beyond AI assistants toward autonomous agents that can execute meaningful engineering work,” said William Wang, CEO and Founder, ChipAgents.
The company’s product sits in a corner of the industry known as EDA. Electronic design automation is the software engineers use to lay out and verify chips, a market long dominated by a handful of incumbents, and the one ChipAgents wants to rebuild around autonomous agents rather than human-driven tools.
The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!Verification is the bottleneck it is aiming at. Checking that a chip actually does what it is supposed to can eat more than 70% of a design project’s time, and ChipAgents says its agents can read a specification, write the tests, run them, and iterate without an engineer holding their hand at each step.
