Experience

Astrus receives US$8 million in seed funding from Khosla Ventures and others to automate analog chip design with AI

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Overview

Client

Astrus Inc

Astrus Inc., a Toronto and Kitchener-Waterloo-based innovator in analog semiconductor design, has secured US$8 million from a seed funding round led by Khosla Ventures, a venture capital firm renowned for backing deep tech and AI-driven startups. Existing investors 1517 Fund, Drive Capital, Alumni Ventures, RiSC Capital, and MVP Ventures also participated in the round, as well as new investor Juniper Networks co-founder Pradeep Sindhu. The company intends to use the proceeds to expand its engineering team, accelerate product development, and scale its AI platform to meet growing demand in the semiconductor industry.

Fasken advised Astrus with a team comprised of Will Shaw, Laura Fetter, Alec McIlwraith-Black and Madison Milanczak.

Jurisdiction

  • Canada

Team

  • Will Shaw, Partner | National Co-Leader, Emerging Technology & Venture Capital, Toronto, ON, +1 416 865 4554, [email protected]
  • Laura Fetter, Counsel | Emerging Technology & Venture Capital, Toronto, ON, +1 416 865 4450, [email protected]
  • Alec McIlwraith-Black, Associate | Emerging Technology & Venture Capital, Toronto, ON, +1 416 868 3468, [email protected]
Will Shaw Toronto Lawyer Will Shaw Partner | National Co-Leader, Emerging Technology & Venture Capital Toronto, ON +1 416 865 4554
Laura Fetter Director of Innovation Laura Fetter Counsel | Emerging Technology & Venture Capital Toronto, ON +1 416 865 4450
Alec McIlwraith-Black Toronto Lawyer Alec McIlwraith-Black Associate | Emerging Technology & Venture Capital Toronto, ON +1 416 868 3468