UK chip incubator startups secure over £10M in funding

Twelve semiconductor startups taking part in the UK’s ChipStart scheme have raised over £10mn in funding from private investors and grants, the British government announced today. Launched in October 2023, ChipStart is an incubator programme. It aims to provide early-stage chip designers with the technical and commercial support they need to bring new products to market. Run by semiconductor accelerator Silicon Catalyst.UK, the £1.3mn initiative offers nine months of training and mentorship. It also opens up access to design tools...