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AGENTRYS CLOSES $24.5M FUNDING ROUND

AI DESK1 MIN READ
MON, AUG 31, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Chip design startup Agentrys raised $24.5 million across two rounds, combining a $19.1M seed led by Etna Labs and a $5.4M pre-seed backed by MediaTek. The Nvidia-founded company develops a platform for creating custom agents.

Agentrys, led by CEO Mark Ren, has secured backing from prominent investors in the semiconductor and venture space. Etna Labs led the seed round while chipmaker MediaTek participated in the pre-seed funding. The startup's platform enables users to design and deploy custom agents, tapping into growing demand for AI-powered tools and chip customization. The company's founding team includes veterans from Nvidia, positioning it within a crowded field of chip design startups seeking to democratize semiconductor development. MediaTek's participation signals industry confidence in the startup's approach. The funding will likely support product development, team expansion, and market validation as Agentrys competes in the competitive chip design software space. The funding round brings total capital raised to $24.5 million.

■ SOURCES

Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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