US firm ChipAgents expands Series A funding to $134 million
The funding will support ChipAgents' next phase of expansion as the company scales customer deployments, grows its engineering and go-to-market teams, and accelerates development of its AI-native semiconductor design platform.
ChipAgents, a US-based provider of agentic AI platforms in the semiconductor design industry, has announced an additional USD 60 million in Series A2 financing, bringing the expanded round to USD 134 million just six months after its initial Series A close, with new investor B Capital joining Bessemer Venture Partners, Micron, MediaTek, Ericsson, ScOp, and other existing investors.
The funding will support ChipAgents' next phase of expansion as the company scales customer deployments, grows its engineering and go-to-market teams, and accelerates development of its AI-native semiconductor design platform, according to a press release.
“As semiconductor design grows increasingly complex, engineering teams need AI that can execute meaningful portions of the workflow, not simply assist with coding,” said Daisy Cai, General Partner, B Capital. “ChipAgents has translated cutting-edge AI research into a platform that customers are deploying in production, and we believe the company is well positioned to define the next generation of semiconductor engineering.”
“Semiconductor engineering teams face rising pressure to deliver more sophisticated designs in less time,” said Henry Huang, Investment Director, Venture Capital at Micron. “ChipAgents is addressing that challenge by enabling engineers to automate advanced design and verification work, accelerate design timelines, and improve engineering productivity. We're excited to continue supporting the company's growth as autonomous AI becomes increasingly essential across the semiconductor industry.”
Brian Hsu, Managing Director of MediaTek Innovation Fund, said ChipAgents was spearheading the transformation of AI chip design and verification with a reliable solution that well harnesses the diversity of design workflow and delivers measurable gains in real-world production.
ChipAgents applies domain-specific AI agents to semiconductor design workflows that have historically relied on manual engineering, the press release said.
“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 of ChipAgents. “Our customer growth shows that semiconductor companies are ready for that shift, and this financing allows us to bring that capability to even more engineering teams."
