Celus, which uses AI to automate circuit board design, raises $25.6M
https://techcrunch.com/2022/07/06/celus-which-uses-ai-to-automate-circuit-board-design-raises-25-6m/
Just about every electronic contraption you care to think of contains at least one printed circuit board (PCB), which serves to house and connect the various components that allow the device to function as a whole. While circuit boards are mostly invisible to end-users, they are foundational to the world they inhabit, powering smartphones, automobiles, microwave ovens, garage doors, and the entire connected world.
Thus, the global PCB market is big business, expected to grow from a $60 billion industry in 2020 to $75 billion by 2027. And it’s this sector that Germany-based Celus wants to capitalize on, with an automated platform spanning the whole circuit board design process from ideation to printed PCB.