Agile Analog secures £3.5m pre-Series A funding from Delin Ventures, firstminute Capital and MMC Ventures to expand engineering operations
Delin Ventures, firstminute Capital and MMC Ventures backed the round to support engineering expansion and product delivery.
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 raised £3.5m in a pre-Series A funding round supported by Delin Ventures, firstminute Capital, and MMC Ventures. The capital will be deployed to expand the engineering team in Cambridge and supply analog IP products to a growing customer base.
The company applies automated techniques to address longstanding bottlenecks in analog circuit design. Traditional methods have remained largely unchanged for decades, often slowing the development of new chips required for modern internet of things devices and artificial intelligence applications.
Existing backer Delin Ventures followed on from its previous seed investment, joining new participants firstminute Capital and MMC Ventures in backing the enterprise. The team consists largely of former ARM specialists and industry veterans.
From the founder
"I’m delighted with the confidence that our investors have placed in us. This investment will enable us to deliver to our customers faster and make possible a paradigm shift in the $2Bn analog IP market."
Tim Ramsdale
CEO at Agile Analog
Investor perspective
"We are impressed with the team’s vision to transform analog design and reinvigorate the use of analog. Analog design is the backwater of the semiconductor industry and we think Agile Analog can change that. The team has the world-leading experience and industry connectivity to deliver on this vision. That was a key part of our decision to follow on with our Seed investment."
Jonathan Hay
Partner, Delin Ventures
Use of funds
- 01Grow the team
- 02Continue product development
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About the company
Agile Analog
Agile Analog develops configurable analog IP building blocks for semiconductor designers.