Fundraise

Circuit Mind raises $25M, including $18.5M Series A, to design circuit boards with AI

What's the deal? London startup Circuit MindDealroom has a profile for this one. Try Dealroom → has raised an $18.5 million Series A led by Norwest to automate the design and verification of circuit boards. Combined with a previously undisclosed seed round led by Third Prime, the company has now raised $25 million, lifting its total funding to $33.4 million.

Who else is in? Existing investors Third Prime, DifferentialDealroom has a profile for this one. Try Dealroom →, and BlackhornDealroom has a profile for this one. Try Dealroom → joined the Series A, alongside new backer Lightscape VCDealroom has a profile for this one. Try Dealroom →. Dave Zilberman, a general partner at Norwest, joins Circuit Mind's board.

What's the endgame? Circuit Mind wants to compress a hardware design process that can take engineers over a year. Its platform combines AI agents with a patented, physics-based engine and each customer's own rules, working inside the design software teams already use.

The product: The company pairs two tools. Its first, ACE, turns a block diagram into a schematic and parts list in minutes; the second, AVE, launched the same day, puts AI agents to work checking schematics against datasheets and company design rules before flagging issues to an engineer.

Why it matters? Teams at Emerson, Schneider Electric, and Fortune 5 companies already use Circuit Mind to cut design time from months to weeks and reduce component costs by 25%, the company said. Engineers at Los Alamos National LaboratoryDealroom has a profile for this one. Try Dealroom → finished one board in just over four hours, against an estimated 60 to 80 by hand, per a peer-reviewed case study.

What they said? "Software teams are shipping 100 times faster with AI, but electronics design hasn't changed in 40 years," said co-founder and chief executive officer Tomide Adesanmi, who compared the company's plan to what Cursor, Claude Code, and Cognition have done for software. The money will fund platform expansion, hiring across sales, engineering, and customer success, and a new US headquarters.

The signal: The round lands amid a broader 2026 push into agentic AI for electronics design, with established vendors Siemens, Cadence, and Synopsys advancing tools that validate AI outputs against physics-based engineering software. Circuit Mind's bet is to fit into enterprise workflows rather than replace the major suites — but customer adoption and independently verified performance will matter more than its claims.

Read more: thenextweb.com, circuitmind.io

Image credit: Circuit Mind

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