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AI Startups

Circuit Mind raises $25M Series A to automate electronics design with AI

The startup, led by Norwest, plans to relocate to the US as it scales its AI-powered circuit design platform.

Summarized from Techmeme, . 20-second read.

Circuit Mind, an AI software startup focused on automating electronics and circuit design, closed a $25 million funding round led by venture firm Norwest. The Series A round totaled $18.5 million, with the remainder from previous investors or other backers.

CEO Tomide Adesanmi confirmed the funding to Axios Pro. The company plans to use the capital to support a relocation to the United States, signaling expansion beyond its current base.

Read the full story at Techmeme

This is an AI-written summary. The original reporting belongs to Techmeme. How we write these · Spot a mistake?

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