Motivo, a five-year-old startup from a chip industry veteran, is creating software to speed up chip design from years to months using AI. the company announced a $12 million Series A. Intel Capital led the round, along with new investors Storm Ventures and Seraph Group, as well as participation from Inventus Capital.
Company: Motivo Inc.
Round: Series A
Funding Month: August 2021
Lead Investors: Intel Capital
Additional Investors: Storm Ventures, Seraph Group, and Inventus Capital
Company Website: https://motivo.ai/
Software Category: Machine Learning> AI
About the Company: Motivo, Inc. is a Silicon Valley-based company with offices in Palo Alto, Austin & Singapore, backed by world-class venture capitalists and former semiconductor CEO & C-suite leaders, developing Artificial Intelligence (AI) and Machine Learning (ML) solutions for chip design analytics and optimization. Motivo was founded and led by experienced semiconductor industry veterans who set to accelerate integrated circuit (IC) time to market and yield.