# Codasip

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codasip

- Industry: Electronics
- Headquarters: Brno, Czech Republic
- Website: www.codasip.com
- Total disclosed funding: $13M
- Latest round: Series A (Dec 4, 2018)
- Investors on record: 5

## About

Codasip Ltd. designs customizable RISC-V processors and advanced design automation tools for technology innovators, enabling tailored solutions across various applications and industries.Founded in 2006 in Brno, Czech Republic, Codasip Ltd. specializes in RISC-V processor development. The company raised USD 10.00 mn in Series A funding on December 4, 2018, led by investors including Shenzhen Capital Group and Western Digital Capital. CEO Ron Black oversees operations, while Karel Masarik is the founder. Codasip has completed 2 notable deals, focusing on technological advancements in processor design.Codasip specializes in customizable RISC-V processors and advanced design automation tools. Their core products include low-power, high-performance, and versatile application cores tailored for sectors such as automotive, IoT, and artificial intelligence. Codasip Studio™, their flagship product, allows users to customize microarchitecture and instruction set architecture (ISA) for optimized performance. Their clientele spans leading technology firms within Europe, North America, and Asia, particularly in industries where customization is critical.In the most recent fiscal year of 2022, Codasip reported revenue of USD 3,617,593.80 while also experiencing an EBITDA loss of USD 12,971,127.60, reflecting the challenges of growth and investment in R&D.Codasip aims to launch new products and enhancements to its existing RISC-V processor offerings in the upcoming year, focusing on sectors like automotive and IoT. The company plans to expand its reach into new markets across Asia and North America by 2025. Recent funding of USD 10.00 mn from their Series A round will support these initiatives, enabling Codasip to invest in product development and market expansion efforts.

## Funding rounds

- Series A, Dec 4, 2018, $10M — Ventech, Western Digital Capital, SquareOne, Shenzhen Capital Real Estate Fund
- Series A, Apr 23, 2014, $2.8M — Credo Ventures

## Investors

- Credo Ventures (https://capitalatlas.ai/funds/credo-ventures) — Series A
- Ventech (https://capitalatlas.ai/funds/ventech) — Series A
- Western Digital Capital (https://capitalatlas.ai/funds/western-digital-capital) — Series A
- SquareOne (https://capitalatlas.ai/funds/squareone) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A