Takeaways by Saasverse AI
- ChipAgents | Series A | $21 Million | AI-Powered Semiconductor Design Automation.
- Led by Bessemer Venture Partners with strategic investments from Micron, MediaTek, and Ericsson.
- Achieved 6377% user growth and 50x ARR increase in 2025, deployed at 50 leading semiconductor firms.
ChipAgents.ai, an innovative leader in semiconductor design automation, has announced the completion of a $21 million Series A funding round, raising its total funding to $24 million. Bessemer Venture Partners led the round, with strategic participation from industry giants including Micron, MediaTek, and Ericsson. Existing investors ScOp Venture Capital and Amino Capital also joined the round, underscoring strong confidence in the company’s vision. Adding further credibility to its mission, ChipAgents has assembled an advisory board featuring semiconductor luminaries such as Wally Rhines (former CEO of Mentor Graphics), Raúl Camposano (former CTO of Synopsys), and Jack Harding (former CEO of Cadence).
The funding will fuel ChipAgents’ mission to disrupt the traditional electronic design automation (EDA) landscape through its AI agent platform, which automates and accelerates critical chip design and verification workflows. As CEO and founder William Wang, a professor with deep expertise in semiconductor design, explains, "Despite decades of progress driven by EDA tools, engineers today still face fragmented toolchains, high costs, and outdated workflows. ChipAgents is changing the game by unifying the chip design process under a single intelligent AI platform, enabling engineers to focus on innovation rather than repetitive tasks."
ChipAgents’ platform is tailored for the front-end stages of chip design, automating tasks such as specification definition, RTL code generation, and documentation. On the verification side, the platform can automatically generate testbenches, rules, and assertions, slashing timelines from weeks to mere minutes. This comprehensive approach has already delivered an 80% efficiency improvement in verification processes compared to conventional solutions. Deployed across 50 leading semiconductor firms, the platform is driving extraordinary results, with ChipAgents reporting a 6377% increase in monthly active users and a 50x surge in annual recurring revenue (ARR) during the first half of 2025.
Bessemer Venture Partners’ Lance Co Ting Keh praised ChipAgents for its transformative impact on RTL design and verification. He highlighted the seamless integration of AI agents across the entire chip design lifecycle, from specification input to waveform analysis, marking a breakthrough in managing the complexity of semiconductor development.
ChipAgents plans to leverage the new funding to scale R&D efforts and expand its footprint with a new headquarters in Santa Clara, providing enhanced local support to its semiconductor clients. The company is poised to address the growing demand for faster and smarter design solutions as AI hardware demand accelerates. Henry Huang, Investment Director at Micron Ventures, emphasized that ChipAgents’ AI-driven vision aligns perfectly with the industry’s need for innovation, describing the platform as a cornerstone for the future of semiconductor design.
Advisory board member Wally Rhines shared that ChipAgents outperformed competitors in AI-driven design evaluations conducted by three major semiconductor companies, establishing itself as the best-in-class solution. Raúl Camposano added that ChipAgents is ushering in a new era for semiconductor design by blending AI automation with engineering expertise, a combination that promises revolutionary advancements for the industry
“ ChipAgents is tackling one of the most complex and critical bottlenecks in semiconductor development—design and verification—with a bold AI-first approach. By automating repetitive and time-intensive tasks, the platform not only accelerates workflows but also enables engineers to focus on high-value innovation. With heavyweight industry backing and rapid adoption among top semiconductor firms, ChipAgents is positioned to redefine efficiency in this space, ” Saasverse Analyst comments
Saasverse Insights
The semiconductor industry, already under pressure to meet the explosive demand for AI hardware, is ripe for disruption. ChipAgents’ intelligent AI platform addresses a long-standing pain point: the inefficiency and fragmentation of traditional EDA tools. The company’s ability to deliver tangible results—such as an 80% boost in verification efficiency and 50x ARR growth—demonstrates the scalability and impact of its solution.
ChipAgents exemplifies a broader shift in the SaaS and AI landscape, where industry-specific AI applications are becoming indispensable. As AI continues to permeate engineering and design workflows, the integration of intelligent agents into complex processes like semiconductor design will set new standards for speed, accuracy, and innovation. ChipAgents is not only paving the way for the future of chip design but also showcasing the vast potential of AI-agent ecosystems across high-tech industries.