Cognichip, a Redwood City, CA-based artificial chip intelligence (ACI) company improving semiconductor design, raised $33M in Seed funding.
Backers included Lux Capital, Mayfield, FPV, and Candou Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Faraj Aalaei, CEO and Founder, Cognichip is advancing artificial chip intelligence (ACI) to reimagine chip design. From individuals to enterprises, it allows engineering teams to work efficiently and cost-effectively, empowering artificial intelligence as a new factor for the semiconductor industry. Key features of ACI include:
- Simplified scalability: Enables rapid creation of new product variants to meet market demands for flexible portfolio management.
- 50% faster design cycles: Reduces time from concept to production through concurrent local and global optimization.
- 75% reduction in development costs: Reduces the effort and expertise required to develop and test chips.
- Improved power, performance, and efficiency: Eliminates unnecessary bloating by bringing products closer to requirements and continuously optimizing for area and power.
- Enhanced flexibility: Adapts to changes in market demands and product variations, optimizing costly redesigns.
FinSMEs
16/05/2025