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Circuit Mind emerges from stealth with $33.4M in funding led by Norwest

AICircuit Mind has emerged from stealth with $33.4M in total funding, including an $18.5M Series A led by Norwest. Lorimer Ventures says it first invested in the company's seed round in 2022.

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The post shows the funding size, lead investor, and customer types for an electronics design AI startup, offering a concrete data point on investor interest in deterministic AI.

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👏Congratulations to @tomadesanmi, @QuasiBasi and the team at http://circuitmind.io for coming out of stealth with $33.4M in funding, including an $18.5M Series A led by our friends at @NorwestVP.

Circuit Mind is reimagining electronics design. @LorimerVentures first invested in their seed in 2022, grounded in our thesis that deterministic AI, not frontier models alone, would profoundly change how circuit boards are designed and fabricated.

📈The problem is huge: data centers and compute, consumer electronics, aerospace and defense, and industrial demand form a $86B market with a structural labor shortage of skilled engineers.

Circuit Mind pairs deterministic physics-based models with generative AI to solve this problem for customers including hyperscalers, Fortune 5 firms, Emerson, Schneider Electric, and more.

Read more from the founders below:

Tomide@tomadesanmi
Today we announce $25M in funding for Circuit Mind. We are building trustworthy, defensible AI for electronics design to 100x the work of the pro engineers who design the most critical boards that extend humanity's frontier https://www.circuitmind.io/
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Original title: 👏Congratulations to @tomadesanmi, @QuasiBasi and the team at http://circuitmind.io for coming out of stealth with $33.4M in funding, inc...

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