Efabless: Funding, Investors & Team (Sep 2026)
Efabless enables non-hardware experts to create the electronics required for intelligent, connected products. Efabless offers a unique process where users can rapidly, cost-effectively and easily create electronics from community-developed building blocks and open design patterns, called templates. We provide everything needed to do this: - Marketplace & request process - Library of building blocks and open designs - Design tools - Manufacturing technology and services We employ multiple models for revenue generation, including transaction fees for technology licenses and services provided, royalty fees for full volume production and subscription models for eco-system partners. Our initial offering enables the design of customized integrated circuits (ICs) based on pre-engineered templates and pre-defined libraries of functional building blocks (IP). Our customers are system companies seeking custom silicon to improve their products and IC start-up companies delivering proof of concepts to showcase their unique designs. Partners include organizations looking to address these markets or to encourage new open innovation models for ICs.
Efabless has raised $8.8M across 2 funding rounds on record, the most recent an undisclosed round of $2.5M announced in Oct 2024.
That round is in line with the $2.3M median round size for Community and Lifestyle companies tracked on FundedIQ over the last two years.
Efabless Company Profile and Key Stats
Latest funding round on record: Oct 2024.
Efabless Funding Rounds
Efabless raised $6.3M in a Series A announced in Oct 2023.
1 years later, an undisclosed round of $2.5M was announced in Oct 2024.
Efabless Founders and Leadership Team
Contact details for the Efabless team: 2 of 2 have an email address on file.
Start 14-day free trial →Efabless Funding Compared to Other Community and Lifestyle Startups
Efabless' latest round of $2.5M is in line with the median round in Community and Lifestyle. Medians cover the last 24 months of disclosed rounds.
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Efabless Funding FAQs
What does Efabless do?
Efabless enables non-hardware experts to create the electronics required for intelligent, connected products. Efabless offers a unique process where users can rapidly, cost-effectively and easily create electronics from community-developed building blocks and open design patterns, called templates. We provide everything needed to do this: - Marketplace & request process - Library of building blocks and open designs - Design tools - Manufacturing technology and services We employ multiple models for revenue generation, including transaction fees for technology licenses and services provided, royalty fees for full volume production and subscription models for eco-system partners. Our initial offering enables the design of customized integrated circuits (ICs) based on pre-engineered templates and pre-defined libraries of functional building blocks (IP). Our customers are system companies seeking custom silicon to improve their products and IC start-up companies delivering proof of concepts to showcase their unique designs. Partners include organizations looking to address these markets or to encourage new open innovation models for ICs.
How much funding has Efabless raised?
Efabless has raised $8.8M across 2 rounds on record. The most recent is an undisclosed round of $2.5M announced in Oct 2024.
When did Efabless last raise funding?
Efabless' most recent funding round on record is an undisclosed round of $2.5M, announced in Oct 2024.
Who founded Efabless?
FundedIQ lists Mohamed Kassem (Founder) at Efabless.
Who is the CEO of Efabless?
Michael Wishart is listed as CEO at Efabless.
Where is Efabless headquartered?
Efabless is based in Palo Alto, California, United States.
How many employees does Efabless have?
Efabless is in the 11-50 employee band.
How does Efabless' funding compare to other Community and Lifestyle startups?
Efabless' latest round of $2.5M is in line with the $2.3M median round size for Community and Lifestyle companies on FundedIQ across 1,484 tracked companies over the last two years.
About FundedIQ's Efabless Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Efabless is left off this page rather than filled in.
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