Series A · AI
Circuit Mind raises $18.5m Series A led by Norwest
The London company is expanding AI tools that generate and verify electronic circuit designs.
The financing
Circuit Mind has raised an $18.5 million Series A led by Norwest, with Third Prime, Differential Ventures, Blackhorn Ventures and Lightscape Partners participating. Norwest’s Dave Zilberman joins the board.
The company disclosed the Series A alongside an earlier seed round, together representing $25 million. Its product launch adds AVE, a tool that checks circuit designs before prototypes are built, to its existing ACE design-generation software.
Use of funds
Expand electronics design platform
Grow sales, engineering and customer success teams
Establish US headquarters
Funding history
Series A · This round$18.5M