With new funding, Astrus prepares to automate one of the biggest bottlenecks in chip design

Kitchener-Waterloo- and Toronto-based Astrus has closed a new, $12-million USD ($16-million CAD) Series A round, co-founder and CEO Brad Moon told BetaKit in an interview. The round was led by San Francisco-based Caffeinated Capital ,  with support from Vinod Khosla’s Khosla Ventures , Garage Capital , MVP Ventures, RiSC (Canada), and RiSC Capital. Astrus is developing an AI system that uses reinforcement learning (RL) to perform the physical design of integrated circuits.