Astrus Raises $12M to Automate Chip Physical Design

Kitchener-Waterloo and Toronto startup Astrus closed a $12-million USD Series A led by Caffeinated Capital, with Khosla Ventures and Garage Capital participating. Astrus uses reinforcement learning to automate physical integrated circuit design for analog engineers, a step most AI chip tools skip. The company plans to launch its solution in October and scale its team.