Startup profile · funding coverage
Agentrys funding, valuation and investors
Open Agentic Design Automation platform for semiconductor engineering teams.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Seed
$19.1M · August 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$25M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
seed · San Jose, California
Investors in latest funding
Lead: Etna Labs
Overview
Agentrys is a San Jose company building an open Agentic Design Automation (ADA) platform so chipmakers can create, own, and continuously improve AI agent workforces across commercial EDA tools and internal workflows. On August 26, 2026 it announced $24.5 million in funding: a $19.1 million seed led by Etna Labs following a $5.4 million pre-seed led by MediaTek. CEO Mark Ren previously led industrial LLM-for-chip-design work including ChipNeMo.
Why Agentrys is interesting
August 2026 $24.5M total ($19.1M Etna Labs seed + $5.4M MediaTek pre-seed) for customer-owned chip-design agent workforces — founder Mark Ren led ChipNeMo work at NVIDIA Research.
Product & use cases
Platform for building and evolving multi-agent chip-design workflows that integrate with existing EDA stacks.
- Verification and formal verification automation
- Physical design / layout agent workflows
- Capturing reusable design knowledge across teams
Key facts
- Total funding (Aug 26, 2026): $24.5M — $19.1M seed (Etna Labs) + $5.4M pre-seed (MediaTek)
- Open ADA platform for customer-owned agent workforces
- Company: autonomous 32-bit CPU spec→GDS run; >90% on NVIDIA CVDP benchmark
- Customers: top fabless firms, a leading foundry, chip startups (company)
Funding history (newest first)
Competitive landscape
Edge: Open, customer-owned agent layer that learns from proprietary design data versus fixed vendor agent packs.
Proof points are company-reported; enterprise close depends on running on customer PDKs and toolchains.
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Classic EDA vendor AI features incumbent
Point tools inside vendor lock-in.
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Horizontal coding agents adjacent
Not closed-loop on chip engineering metrics.
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Point AI-for-EDA startups direct
Narrow task bots vs platform workforce thesis.
Industries
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