ChipAgents’ AI-powered platform aims to transform chip design and verification, with support from Bessemer Venture Partners, Micron, MediaTek, and Ericsson.
California-based AI startup ChipAgents has raised $21 million in a Series A funding round, marking a major step toward its mission of bringing artificial intelligence to chip design and verification. The round, led by Bessemer Venture Partners, included strategic investments from Micron, MediaTek, Ericsson, and other top semiconductor players — pushing the company’s total funding to $24 million to date.
The funding will help expand product development, boost customer acquisition, and build new strategic industry partnerships, according to the company’s announcement.
ChipAgents, founded by Professor William Wang, is pioneering a unified agentic AI platform designed to automate routine engineering tasks, accelerate chip design workflows, and enable AI-native verification processes. The company’s goal is to help engineers shift their focus from repetitive manual work to true innovation.
“As designs scale, productivity gains have slowed and verification remains highly manual,” said Professor Wang, Founder and CEO of ChipAgents. “Our vision is to change that. With ChipAgents, we’re introducing automation that empowers engineers to move faster and smarter.”
Lance Co Ting Keh, Venture Partner at Bessemer Venture Partners, praised the company’s approach, saying,
“ChipAgents has demonstrated the best AI-powered RTL design, debugging, and verification solution for chip developers. Its agentic approach integrates seamlessly across the entire workflow — from specification ingestion to waveform analysis — tackling one of the industry’s most complex, multi-step challenges.”
Henry Huang, Investment Director at Micron Ventures, added that ChipAgents’ mission aligns with the growing demand for faster, smarter design solutions in the AI hardware space.
“As AI hardware evolves rapidly, chipmakers need intelligent tools to keep up. ChipAgents’ AI agents are redefining how chips are built.”
With strong backing from leading investors and a growing list of semiconductor partners, ChipAgents is positioning itself as a key innovator at the intersection of AI and chip design — a field increasingly critical to the future of computing.
