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Chipmind exits stealth with €2.3M for AI chip design agents

Semiconductor companies throw engineers at design bottlenecks. Zurich-based Chipmind just raised €2.3M ($2.5M) in pre-seed funding from Founderful to prove AI agents can do the tedious work instead. The AI chip design startup promises engineers 40% time savings on repetitive verification tasks while launching Europe’s first agent platform purpose-built for semiconductor workflows.

Founded in 2023 by Harald Kröll and Sandro Belfanti, ETH Zurich PhDs with over 20 chips between them, Chipmind targets the EDA tools paradox. Legacy chip design software wasn’t built for AI collaboration, yet chip complexity now demands it. The founders experienced this friction firsthand developing modems and system-on-chip solutions at top-tier semiconductor firms.

Why AI chip design needs intelligent agents now

Chip development cycles stretch longer every generation as transistor counts explode while engineer productivity plateaus. Hiring more people doesn’t scale when each chip has unique hierarchies, proprietary tool chains, and data protection requirements that generic AI cannot handle.

Chipmind’s agents train on each customer’s specific design data rather than offering one-size-fits-all solutions. The platform auto-customises for proprietary EDA tools and understands complete chip hierarchies. “Deep customisation and data protection are fundamental, but true design awareness is what separates a generic tool from an intelligent partner,” said Kröll. Moreover, the agents integrate into existing workflows without forcing semiconductor companies to abandon decades of embedded infrastructure.

The founding team identified what they call “design-aware” AI as the unlock. Current LLMs trained on public datasets fail in semiconductor environments where every company’s tools, constraints, and workflows differ fundamentally. Furthermore, chip designs themselves contain proprietary IP that cannot leave secure environments.

From research frustration to commercial launch

Belfanti spent years wishing someone would build software to handle chip verification grunt work. “Throughout my career developing chips at top-tier semiconductor companies, I’ve often wished for a solution that could magically take care of those tedious tasks so I could focus on solving real engineering challenges,” he said. Additionally, the founding duo recognised that new engineering generations expect AI assistance as standard rather than experimental.

The €2.3M from Founderful and semiconductor industry angels will fund team expansion and deepen relationships with key industry players. Edouard Treccani, Principal at Founderful, noted: “In a world buzzing with AI every day, Chipmind stands out as a refreshingly real solution to a problem Harald and Sandro have spent 20 years deep in.” The firm previously backed over 60 Swiss tech startups through its $140M second fund.

Chip designers spend 40% of their time on precision-demanding but creativity-free tasks. Chipmind’s agents autonomously execute these multi-step verification workflows while engineers maintain control. The approach promises faster time-to-manufacturing without replacing the proprietary EDA infrastructure semiconductor firms have built over decades. Human-AI collaboration, not replacement, defines the company’s strategy for enabling next-generation chip complexity.

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Fundraising 22 hours ago

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Fundraising 1 day ago

The UK’s fintech landscape is witnessing a new wave of institutional backing as specialised accelerators emerge to bridge the gap between early-stage innovation and scalable growth. Against this backdrop, Antidote has secured €2.95M (£2.5M) in funding to launch its accelerator programme focused on fintech and Bitcoin-adjacent technologies. The funding signals renewed confidence in the UK’s position as a global fintech hub, despite ongoing regulatory uncertainties around digital assets. Led by Fulgur Ventures, the round reflects the growing appetite among European investors for infrastructure plays that can nurture the next generation of financial technology companies. The timing aligns with increasing institutional adoption of Bitcoin and digital assets across traditional finance, creating demand for specialised support structures. Fintech accelerator funding attracts specialist investors Fulgur Ventures’ decision to lead this round underscores the firm’s thesis around Bitcoin infrastructure and the tools needed to support mainstream adoption. The Venice-based venture capital firm, known for backing Lightning Network infrastructure companies and Bitcoin-native startups, sees Antidote as a strategic platform to identify and develop promising UK fintech talent. “The UK remains one of Europe’s most vibrant fintech ecosystems, but there’s a clear gap in specialised support for Bitcoin and crypto-adjacent innovations,” notes a Fulgur partner familiar with the investment. “Antidote’s approach combines traditional accelerator methodology with deep domain expertise in digital assets.” The investor’s portfolio strategy focuses on companies building critical infrastructure for Bitcoin adoption, from payment rails to custody solutions. Antidote fits this thesis by positioning itself as a talent pipeline for the next wave of Bitcoin-enabled financial services. Bridging traditional fintech with digital asset innovation Antidote’s programme targets the intersection between established fintech verticals and emerging digital asset opportunities. This positioning reflects broader market dynamics where traditional financial services increasingly integrate blockchain-based solutions, creating demand for hybrid expertise. The accelerator plans to support 8-12 startups per cohort, providing €50,000 in initial funding alongside mentorship from industry veterans. The programme specifically targets companies working on payment infrastructure, trading platforms, custody solutions, and compliance technology for digital assets. “We’re seeing exceptional talent in the UK who understand both traditional financial services and the technical nuances of Bitcoin,” explains Antidote’s founding team. “Our role is to provide the runway and expertise needed to turn these insights into scalable businesses.” The funding will support programme operations, mentor network development, and follow-on investment capacity for portfolio companies. Antidote also plans to establish partnerships with major UK financial institutions seeking exposure to digital asset innovation without direct investment risk. This launch reflects the maturation of Europe’s digital asset ecosystem, where specialised support infrastructure is emerging to complement general-purpose accelerators. With regulatory clarity improving across EU markets, accelerators like Antidote are positioning to capture the next wave of fintech innovation at the intersection of traditional finance and digital assets.

Fundraising 1 day ago

Germany’s tax advisory sector faces a looming crisis. With 57% of the country’s tax advisors aged over 50, the profession confronts both a demographic cliff and mounting pressure to digitalise decades-old processes. Into this gap steps AnyTax, which has secured €1 million in pre-seed funding from IBB Ventures to modernise Germany’s tax infrastructure through intelligent automation. The Berlin-based startup’s timing couldn’t be more strategic. As Germany’s Mittelstand grapples with increasingly complex tax regulations whilst traditional advisors edge towards retirement, AnyTax’s platform promises to bridge the growing expertise gap through technology that augments rather than replaces human judgment. German tax modernisation attracts strategic investment IBB Ventures’ investment reflects a broader recognition that Germany’s tax advisory market—worth billions annually—requires urgent technological intervention. The Berlin-based VC, backed by the city’s investment bank, has consistently backed companies addressing structural inefficiencies in German business processes. “The German tax system’s complexity creates both challenges and opportunities,” notes an IBB Ventures spokesperson. “AnyTax’s approach of augmenting advisor capabilities rather than replacing them aligns perfectly with how German professional services are evolving.” The funding round positions AnyTax within a growing cohort of European RegTech companies that specifically address continental European regulatory environments, rather than adapting Anglo-Saxon solutions. This localised approach proves increasingly valuable as EU member states maintain distinct professional service requirements. Addressing Germany’s tax advisor shortage through technology AnyTax’s platform targets the critical bottleneck facing German businesses: accessing quality tax advice amid advisor shortages. The company’s technology enables existing advisors to handle larger caseloads whilst maintaining compliance standards, effectively multiplying capacity within the existing professional framework. The startup’s solution addresses uniquely German challenges, including the complex interplay between federal and state tax obligations that confounds even sophisticated international businesses operating in Europe’s largest economy. By automating routine compliance tasks, AnyTax frees advisors to focus on strategic tax planning—precisely where human expertise adds most value. Founder insights suggest the €1 million will primarily fund platform development and partnerships with established German tax advisory firms, recognising that success requires deep integration with existing professional networks rather than attempting to bypass them entirely. AnyTax’s funding reflects broader momentum in European professional services technology, where regulatory complexity creates sustainable competitive moats for startups that truly understand local market dynamics. As Germany’s tax landscape grows increasingly sophisticated, platforms like AnyTax become essential infrastructure rather than mere efficiency tools.

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