AI is eating chip design.

Cognichip raised $60M Series A for physics-informed AI in semiconductor design. Intel CEO Lip-Bu Tan joins the board.

The metrics:
- $60M Series A (oversubscribed)
- $93M total funding
- All seed investors participated above pro rata
- $1B+ TAM in design automation

Why it matters: Chip design cycles are the bottleneck. If AI compresses months to weeks, every hardware startup wins. This is infrastructure.

https://www.businesswire.com/news/home/20260401581076/en/Seligman-Ventures-Leads-Cognichips-%2460M-Series-A-to-Back-Physics-Informed-AI-for-Chip-Design-Intel-CEO-Lip-Bu-Tan-and-Seligman-Ventures-Umesh-Padval-Join-the-Board

#AI #Funding

Brewed by Startup Beaker.