Funding

William Yang Wang Co-Founded ChipAgents Scores $60M in Series A2 Funding

Jul 30, 2026 | By Devin Jacobs

SUMMARY

ChipAgents has raised $60 million in Series A2 funding, bringing its total Series A funding to $134 million.
ChipAgents develops an AI-powered platform that automates semiconductor chip design, verification, and RTL generation using autonomous AI agents.
The company will use the funding to support customer deployments, expand its team, and speed up product innovation for chip design and verification.

ChipAgents, a San Jose, CA-based provider of an agentic AI platform for semiconductor design, has raised $60 million in a Series A2 funding round, bringing the expanded round to $134 million.

The round saw the backers B Capital, Bessemer Venture Partners, Micron, MediaTek, Ericsson, and ScOp.

The fresh capital will support customer deployments, team expansion, and product innovation as the company aims to transform chip design, and verification workflows through autonomous AI agents.

Funding Snapshot

Metric	Details
Fundraise Amount	$60 Million
Valuation	Undisclosed
Company	ChipAgents
Sector	Semiconductor AI / Agentic AI
Headquarters	San Jose, California, USA

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About ChipAgents

Founded in 2024, by William Yang Wang, ChipAgents develops an agentic AI-platform designed specifically for semiconductor engineering. The platform transforms specification's and code into production ready RTL and verification assets while enabling automated root cause analysis.

ChipAgents leverages autonomous AI agents to perform complex semiconductor design and verification tasks that traditionally require significant manual engineering effort. Its technology significantly reduces development timelines, helping semiconductor companies improve productivity, and shorten time to market.

Core offerings include:

AI powered semiconductor design automation.
Autonomous design and verification agents.
Production-ready RTL generation.
Automated root-cause analysis capabilities.

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Agentic AI Platform	Semiconductor design automation
RTL Generation	Production-ready hardware design assets
Verification Agents	Automated chip verification workflows
Root-Cause Analysis	Faster debugging and issue resolution

Leadership Comments

"We are always looking for companies that solve meaningful challenges," said Brian Hsu, Managing Director of MediaTek Innovation Fund. "ChipAgents is spearheading this transformation of AI chip design and verification with a reliable solution that well harnesses the diversity of design workflow and delivers measurable gains in real-world production. We believe it is uniquely positioned to define the next generation of AI-native semiconductor development."

"As the industry deals with the simultaneous pressures of increasing architectural complexity and time-to-market pressure, semiconductor companies need solutions that increase productivity, shrink time-to-market, and minimize the risk of design flaws," said William Wang, CEO and Founder of ChipAgents. “We’re enabling the industry to move beyond AI assistants toward autonomous agents that can execute meaningful engineering work.