Circuit Mind raises $25M for AI-driven electronics design

London-based Circuit Mind announced $25 million in financing, including an $18.5 million Series A led by Norwest and a previously undisclosed seed round, bringing total funding to $33.4 million. It also launched AVE, an Agentic Verification Engine that checks designs against component datasheets and engineering rules.

• $18.5M Series A led by Norwest; total funding reaches $33.4M
• AVE verifies designs against datasheets and company design rules
• ACE generates schematics and bills of materials from a block diagram
• Company reports 25% reductions in bill-of-materials costs