Series A17 May 2021

Agile Analog secures £13.5m Series A investment led by OMERS Ventures to fund international expansion

The Cambridge-based semiconductor IP supplier raised the funds to scale its engineering and commercial teams in Asia and North America.

£13.5MSeries A

Agile Analog is a Cambridge-based supplier of configurable analog IP building blocks for semiconductor designs. The firm provides process node agnostic solutions that can be tailored to specific customer applications.

Agile Analog has closed a £13.5m Series A funding round led by OMERS Ventures, with participation from existing backers Delin Ventures, firstminute capital, and MMC Ventures. The capital will be deployed to accelerate international expansion in North America and Asia, alongside scaling the company engineering and commercial operations.

The Cambridge-based business automates the creation of configurable analog IP, allowing semiconductor and OEM manufacturers to tailor components to specific foundry processes. Founded to remove critical supply chain bottlenecks, the firm plans to double its headcount to over one hundred employees over the coming year.

From the founder

Pete Hutton
executive chairman at Agile Analog

Investor perspective

"What excites us about Agile Analog is the potential for scale. Every other analog IP supplier is restricted to selling a limited range of standard IP products. But because Agile Analog’s unique technology enables it to create the IP that the customer wants, it can satisfy a wider range of customer requirements, and integrate more functionality into a chip design. As a result, the company is not limited by the size of today’s analog IP market – Agile Analog’s addressable market is potentially as big as the analog chip market. That is a huge opportunity which OMERS Ventures is pleased to help Agile Analog explore."