Circuit Mind lands $25M and puts AI agents to work checking circuit board schematics

British circuit board design startup Circuit Mind Ltd. has secured $25 million in new funding to expand its AI-powered platform across more stages of the hardware design process. The company unveiled an Agentic Verification Engine that employs AI agents to scrutinize circuit board schematics for errors. Circuit Mind's software automates much of the manual labor involved in printed circuit board design, which can take over a year to complete.

The new verification tool feeds on component datasheets and customer review checklists to flag potential mismatches, ensuring designs meet electrical specifications before physical prototyping. Circuit Mind's platform leverages a patented physics-based engine and machine-readable models of electronic components, tailored to each customer's engineering rules and approved manufacturers.

By automating design review, Circuit Mind claims significant time savings for engineers, with some projects taking just over four hours to complete versus 60-80 hours manually. Major companies like Los Alamos National Laboratory and Schneider Electric are already using the platform, which has reduced bill of materials costs by 25%.

Circuit Mind's CEO, Tomide Adesanmi, compares the startup's approach to coding tools for software engineers, positioning AI as the future of hardware design. The $25 million in funding will be used to further develop the platform, expand sales, engineering, and customer success teams, and establish a U.S. headquarters.