Bessemer Venture Partners led a $21m Series A funding round in ChipAgents.

Bessemer Venture Partners, a venture capital firm, led a $21m Series A funding round in ChipAgents, an artificial intelligence startup with participation from Micron, MediaTek, Ericsson, Wally Rhines, Raúl Camposano, Jack Harding, ScOp Venture Capital, and Amino Capital. "ChipAgents has demonstrated itself as having the best product in the market that does AI-powered RTL design, debugging, and verification for chip developers. We’re impressed by Professor William Wang’s deep technical expertise and the exceptional team of AI and hardware design experts he’s assembled. ChipAgents’ agentic approach to AI chip design integrates seamlessly across the entire chip design workflow, bringing together disparate EDA tools from spec ingestion to waveform analysis, which we believe is the right way to tackle this complex, multi-step process. The feedback from customers and technical experts validates that ChipAgents isn't just automating individual tasks, but creating a true force multiplier for hardware design engineers,” Lance Co Ting Keh, Bessemer Venture Partners Partner.