ChipAgents

Based in Goleta, California, ChipAgents develops an artificial intelligence platform featuring specialized agents that automate RTL design, verification, testbench creation, and debugging for hardware engineers. The enterprise software integrates directly into existing code editors to generate synthesizable Verilog and SystemVerilog code from natural language prompts and technical specification documents. Operating on a consumption-based subscription model, the platform is currently deployed across 50 leading semiconductor companies and maintains a growing workforce of approximately 25 employees. The technology recently achieved a 97.4 percent pass rate on industry standard code generation benchmarks while targeting hardware teams with high switching costs. The company has raised $24 million in total capital, including a $21 million Series A funding round led by Bessemer Venture Partners with strategic participation from Micron, MediaTek, and Ericsson. ChipAgents was founded in 2024 by William Wang.