This Cambridge startup raises €4.5M funding to revolutionise semiconductor industry

This Cambridge startup raises €4.5M funding to revolutionise semiconductor industry

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With the advancement in technology, several categories such as Artificial Intelligence, autonomous vehicles and Internet of Things (IoT) have cropped up. The next-generation components used in these sectors involve the use of newer and smaller process nodes that demand new chip designs. The increase in complexity and necessity for higher levels of integration demand for analog IP. Analog circuits are needed on each chip be it sensors or battery connections.

But analog design is manually-intensive and slow, which is a bottleneck in the modern chip design. To resolve the diverse requirements of these applications, Agile Analog offers customers a type of component that they need on the right semiconductor process. This way, the startup lets customers accelerate the pace of chip innovation and provides smaller, more reliable, cheaper and lower power solutions.

Closed €4.5M funding

Now, this Cambridge-based startup has closed a pre-Series A funding round of €4.5 million. The investment comes from Delin Venture, MMC Ventures and firstminute Capital. Agile Analog will use this investment to expand its engineering team in Cambridge and deliver analog IP products to more of its waiting customers.

Replaces existing manual design process

Agile Analog uses a unique AI-driven platform to replace the existing manual design process, which has not witnessed major fundamental changes for decades. It does it by providing access to easy to use and flexible analog IPs, significantly reducing the cost and size of end products and enabling many customers incorporate more analog on their chips.

VC funded startup brings veterans together

Agile Analog is a VC funded startup founded in 2017 that has brought industry veterans across IP, analog and design automation together to revolutionise the development and delivery of analog IP. With its innovative core technology, the company has been able to design analog circuits of higher quality for any semiconductor process faster. Eventually, it has progressed to be one of the world’s largest analog IP companies.

“I’m delighted with the confidence that our investors have placed in us,” said Tim Ramsdale, CEO of Agile Analog. “This investment will enable us to deliver to our customers faster and make possible a paradigm shift in the $2 billion analog IP market.”

“We are impressed with the team’s vision to transform analog design and reinvigorate the use of analog,” said Jonathan Hay, Partner at Delin Ventures. “Analog design is the backwater of the semiconductor industry and we think Agile Analog can change that. The team has the world-leading experience and industry connectivity to deliver on this vision. That was a key part of our decision to follow on with our Seed investment.”

Stay tuned to Silicon Canals for more updates in the tech startup world.

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