Agile Analog secures €4.5m for innovative semiconductor design process

By Akshay Kedari  | Date: 2019-05-14

Agile Analog secures €4.5m for innovative semiconductor design process

Agile Analog offers access to easy to use and flexible analog IPs, enabling a wide range of customers to integrate more analog on their chips

Agile Analog, the Cambridge-based startup has recently closed a pre-Series A round of funding from MMC Ventures, Delin Ventures and firstminute Capital for a total amount of €4.5 million.

Apparently, with the augment of AI, Internet of Things and autonomous vehicles, the future generation of newer, smaller process nodes and telecoms require new chip designs. Analog circuits are required on all chips for interfacing between the digital world and real world, from sensors to battery connections to data communication. Analog design, which is slow and manual, is always a bottleneck in the chip design process.

Agile Analog’s solution supposedly eliminates this issue by providing customers exactly the type of component they require on precisely the right semiconductor process. This allows customers of Agile Analog to increase the pace of chip innovation and offer affordable, smaller, more reliable and lower power solutions to market quicker.

Seemingly, by eliminating the manual process, Agile Analog offers access to easy to use and flexible analog IPs, allowing a wide range of customers to integrate more analog into their chips and substantially lowering the cost and size of end products.

Sources familiar with the matter informed that the company will use this funding to extend the current engineering team in Cambridge and provide analog IP products to a broad range of customers. The unique AI-driven platform of Agile Analog replaces the current manual design process that has essentially remained unchanged for 60 years.

According to CEO of Agile Analog, Tim Ramsdale, this investment will enable the company to deliver faster solutions to customers and deliver a possible paradigm change in the $2 billion analog IP market.

For the record, Agile Analog was founded in 2017 as a small VC funded startup which is aimed at transforming the way Analog circuits are designed. It is able to design analog circuits faster owing to an innovative core technology.

Source Credit https://www.eu-startups.com/2019/05/cambridge-based-agile-analog-raises-e4-5-million-to-change-the-semiconductor-industry/

https://www.agileanalog.com/press-agile-analog-secures-funding

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More >>

More News By Akshay Kedari

Fitbit faces privacy complaints in EU over alleged unlawful data exports

Fitbit faces privacy complaints in EU over alleged unlawful data exports

By Akshay Kedari

Fitbit, a Google company, is reportedly facing a series of privacy complaints within the European Union. These complaints revolve around allegations that the company is engaging in unlawful exporting of user data, thereby violating the EU's strin...

Social network X makes API changes impacting developers & enterprise clients

Social network X makes API changes impacting developers & enterprise clients

By Akshay Kedari

Social network X, previously known as Twitter, has reportedly unveiled more modifications that involve the retirement of certain legacy API endpoints. The company implemented adjustments to its API pricing in March, resulting in elevated costs for...

Zapata AI and IonQ joins hands to push boundaries of Generative AI

Zapata AI and IonQ joins hands to push boundaries of Generative AI

By Akshay Kedari

Zapata AI, a software enterprise dedicated to addressing intricate computational challenges, has reportedly unveiled a strategic partnership with IonQ, a leading figure in quantum computing hardware and commercial quantum application advancement. The...

Meta unveils AudioCraft for audio & music creation using Generative AI

Meta unveils AudioCraft for audio & music creation using Generative AI

By Akshay Kedari

The tech giant Meta has reportedly introduced AudioCraft, a framework capable of generating high-quality audio and music based on short text prompts. The AudioCraft framework aims to simplify the use of generative models for audio by providing a c...

GSK Pharma reports 11% surge in Q1 profit fueled by Vaccine Demand

GSK Pharma reports 11% surge in Q1 profit fueled by Vaccine Demand

By Akshay Kedari

GlaxoSmithKline Pharmaceuticals, the Indian arm of GSK plc based in the UK, reportedly recorded an 11% increase in its first-quarter profit, driven by robust demand for its vaccines. According to the company's statement, the consolidated profi...