Washington-Based Chiplytics Secures $4.5M in Funding

Chiplytics, a Seattle, WA-based provider of microelectronics verification technology, has secured $4.5 million in a funding round led by Scout Ventures and Waypoint Ventures.

The round also saw participation from QKSS, Industrious Ventures, Interwoven Ventures, Seattle Alliance of Angels, and Cornell University’s Red Bear Angels. The financing also included an Air Force Tactical Funding Increase (TACFI) award.

The company will use the funding to build out its inspection laboratory in Bellport, New York, and hire for testing and engineering roles.

What is Chiplytics?

Chiplytics provides technology for verifying the quality and authenticity of microelectronics used in critical supply chains.

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Its quality assurance platform, Verified by Chiplytics™, helps identify counterfeit or noncompliant semiconductor components through inspection, testing and traceable reporting.

The company manages inspection, reporting and compliance through an automated laboratory and integrated platform. It also supports procurement through a network of suppliers.

Chiplytics combines electrical testing, automated visual inspection, machine vision, AI and other inspection methods to provide coverage and traceability for microelectronic components.

How Much Funding Has Chiplytics Raised?

Chiplytics has secured $4.5 million in its latest funding round.

The financing included an Air Force Tactical Funding Increase (TACFI) award.

The source does not provide details about Chiplytics’ previous funding rounds or total funding raised to date.

Who Invested in Chiplytics’ Funding Round?

The $4.5 million round was led by Scout Ventures and Waypoint Ventures.

Other participating investors include:

• QKSS
• Industrious Ventures
• Interwoven Ventures
• Seattle Alliance of Angels
• Cornell University’s Red Bear Angels

The financing also included an Air Force TACFI award.

Why the Funding Matters

Chiplytics will use the new funding to support the buildout of its inspection laboratory in Bellport, New York.

The company also plans to hire employees across testing and engineering roles.

The new lab will bring Chiplytics’ inspection technology into Quality King’s 600,000-square-foot flagship distribution center and support QK Special Services’ focus on semiconductor supply chain resilience.

Who founded Chiplytics?

Chiplytics was founded in 2022 by Steven Dourmashkin and Stephen DiBartolomeo.

The company is based in Seattle, Washington, with its inspection laboratory being built in Bellport, New York.

"Chiplytics closes a critical gap for our customers when parts are hard to source," said Justin Feig, CEO of QKSS. "Putting the lab inside our distribution center gives customers one accountable channel for sourcing, verifying, and delivering critical components, with faster turnaround and more complete verification."

"We make the part cost and our fee clear upfront, then use advanced inspection technology to verify the parts and document the results," said Stephen DiBartolomeo, co-founder of Chiplytics.

Market and Business Growth

Chiplytics was founded to address risks in semiconductor supply chains where shortages can push manufacturers toward independent distributors, and increase the risk of counterfeit or noncompliant components.

The company has developed what it describes as a scalable electrical testing method for authenticating microelectronics, combined with machine vision, AI and supplemental inspection techniques.

Its laboratory combines electrical testing technology from Sandia National Laboratories with automated visual inspection and AS6171-aligned methods.

What Happens Next?

Chiplytics will build out its Bellport inspection laboratory and expand its testing and engineering team.

The company will continue developing its inspection and verification capabilities to support traceability and resilience across the microelectronics supply chain.

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