We're thrilled to announce that ChipAgents has raised an oversubscribed $50M Series A1, bringing our total funding to $74M. This round was led by Matter Venture Partners, a TSMC-backed HardTech VC firm, with continued support from Bessemer Venture Partners, Micron, MediaTek, Ericsson, and other strategic partners.
Since our Series A just months ago, the momentum has been extraordinary: 140× year-over-year ARR growth, deployments at 80+ leading semiconductor companies with multi-year, multi-million-dollar contracts, team growth from 10 to 46 employees, and a move to our new 20,000 sq ft headquarters in Santa Clara.
We're also honored to welcome Wen Hsieh, Founding Managing Partner of Matter Venture Partners, to our Board of Directors, and Sandeep Bharathi, President of Marvell's Data Center Group, to our Advisory Board. They join an exceptional group including Wally Rhines, Jack Harding, John Bowers, and Erez Tsur.
The future of chip design is autonomous, intelligent, and faster than ever. This is just the beginning.
👉 Read the full announcement:
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