# Itera

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

- Industry: Hardware
- Headquarters: San Francisco, US
- Website: www.itera.co
- Total disclosed funding: $12M
- Latest round: Seed (May 27, 2026)
- Investors on record: 3

## About

Based in the US, Itera is a provider of advanced circuit design and testing solutions that facilitate rapid prototyping and real-time validation for engineers and product developers.Founded in 2024 by co-founders AJ Cooper, Mattis Fjällström and Alex Withrow and headquartered in California, US, Itera focuses on circuit design and testing solutions. In May 2026, Itera raised USD 12 million in seed funding co-led by investors Upfront, Costanoa Ventures, and Colle Capital. The seed funding values Itera at USD 32.03 million post-money. Itera specializes in providing advanced circuit design and testing solutions through its innovative platform. This platform allows engineers to upload circuit designs for immediate assembly and testing, enabling them to create, modify, and validate circuits in real-time. Itera's secure testing centers in the U.S. support a seamless process for engineers and product developers, allowing rapid prototyping without traditional manufacturing limitations. Their target audience includes companies in electronics, automotive, and telecommunications sectors, serving both startups and established enterprises across North America and Europe.Itera operates on a B2B basis, with a revenue model based on transactions where clients submit circuit designs and receive production-ready design files upon validation. The process includes a service fee covering assembly, testing, and validation. Clients receive results within seconds, enhancing the company's value proposition in the hardware development sector, particularly for those seeking rapid innovation cycles.The company will use the May 2026 funding to support its commercialization efforts and initial product launch of its reconfigurable circuit board platform.

## Funding rounds

- Seed, May 27, 2026, $12M — Upfront, Costanoa Ventures, Colle Capital

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Seed
- Colle Capital (https://capitalatlas.ai/funds/colle-capital) — Seed