Home > News > Welsh chip design IP firm gets funding boost
Welsh chip design IP firm gets funding boost
Release on :2017-10-17
Wales-based analogue IP re-use firm Thalia Design Automation has secured $865k (£640k) funding in its latest round.
The firm said it has achieved “significant customer traction within the last 18 months”.
Thalia also plans to recruit more analogue IC developers.
The company has developed technology for transferring RF, analogue and mixed-signal IP designs to silicon, using its design automation technology.
Its customers include IC manufacturers and IP houses.
Sowmyan Rajagopalan, Thalia founder, CEO and CTO, writes:
“Our message to IP providers is that analogue design doesn’t have to be a black art – there are technologies and design resources out there that can help with re-use and product diversification, every bit as powerful as those available in the digital design space.”
Investors include Mercia Fund Managers and Finance Wales.
Thalia has facilities in Cwmbran, Wales and Hyderabad, India. It has also received grant funding from Innovate UK and The Welsh Government.
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