Tech Company Financing Transactions
ChipAgents Funding Round
ChipAgents, based in San Jose, secured $50 million from Matter Ventures, Bessemer Venture Partners and Ericsson Ventures.
Transaction Overview
Company Name
Announced On
2/17/2026
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to scale its platform, expand its engineering and research organization, and accelerate global deployment of multi-agent chip teams.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
6280 America Center Drive 200
San Jose, CA 95002
USA
San Jose, CA 95002
USA
Phone
Undisclosed
Website
Email Address
Overview
We are reinventing semiconductor design and verification through advanced AI agent techniques. Alpha Design AI is pioneering an AI-native approach to Electronic Design Automation (EDA), transforming how chips are designed and verified. Our flagship product, ChipAgents, aims to boost RTL design and verification productivity by 10x, driving innovation across industries with smarter, more efficient chip design.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Wang
VP - Customer Service
Cindy Cui
VP - Engineering
Mehir Arora
VP - R & D
Kexun Zhang
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Where The Data Comes From
We record tech company VC transactions. VC transactions on this site come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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