Efabless Corporation

Efabless Corporation, with the slogan "CHIP DESIGN FOR EVERYONE," was founded in 2014 and is headquartered in the United States. The startup aims to democratize chip design by enabling non-hardware experts to create the electronics needed for intelligent, connected products. Efabless offers a unique process that allows users to rapidly, cost-effectively, and easily create electronics from community-developed building blocks and open design patterns, referred to as templates. The company provides a comprehensive suite of resources, including a marketplace and request process, a library of building blocks and open designs, design tools, and manufacturing technology and services. One of the striking features of Efabless is its multiple revenue generation models, including transaction fees for technology licenses and services provided, royalty fees for full volume production, and subscription models for ecosystem partners. The company's initial offering focuses on enabling the design of customized integrated circuits (ICs) based on pre-engineered templates and pre-defined libraries of functional building blocks (IP). Its customer base includes system companies seeking custom silicon to enhance their products and IC start-up companies showcasing their unique designs. Additionally, Efabless has formed partnerships with organizations aiming to address these markets or promote new open innovation models for ICs. In terms of funding, the latest notable milestone for Efabless was a $6.30M Series A investment on 10 October 2023. This round saw participation from prominent investors, including GlobalFoundries, New North Ventures, Lanza TechVentures, and Synopsys. With this support, Efabless is well-positioned to continue its efforts to democratize chip design and expand its reach in the Automation, Hardware, IT, IoT, and Semiconductor industries.