# Efabless Corporation

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

- Industry: Semiconductors
- Headquarters: Palo Alto, US
- Website: www.efabless.com/
- Total disclosed funding: $6.3M
- Latest round: Series A (Oct 10, 2023)
- Investors on record: 3

## About

Based in California, US, and founded in 2014, Efabless Corporation operates as a technology company that design, develops, and commercialize chip for a variety of applications. In October 2023, Efabless Corporation raised USD 6.3 million in series A funding from Global Foundries, New North Ventures, and Synopsys, Inc., with participation from individual investors. As of October 2023, the company is led by its CEO Michael Wishart. 

Efabless Corporation provides pre-designed chips that integrate custom design. The chip provides essential power, I/O, and housekeeping functions. Users can tap into an open-source automated design flow to implement their designs inside the chip. Its service includes 10 square millimeters of project space, 38 programmable I/Os, 100 engineering samples, evaluation PCB boards, and essential firmware and test tools. ChipIgnite is versatile, supporting both open-source and commercial EDA tools.
 
The company plans to use the series A funding to focus on product development.

## Funding rounds

- Series A, Oct 10, 2023, $6.3M — Synopsys, Inc., Global Foundries, New North Ventures
- Series A, Jan 14, 2022 — New North Ventures

## Investors

- New North Ventures (https://capitalatlas.ai/funds/new-north-ventures) — Series A
- Synopsys, Inc. — Series A
- Global Foundries — Series A