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PCB Software Firm Celus Raises €25M in Funding

Published: 11 July 2022
 by Mike Buetow

MUNICH -- Celus, a software company that uses AI to streamline circuit board engineering, has raised €25 million in Series A funding. 

The round was led by Earlybird Venture Capital, with participation from DI Capital and existing investors Speedinvest and Plug and Play.

 

The company intends to use the funds to further prioritize rapid growth with a focus on the US market, strengthen its commercial team, and further enlarge its technology leadership.

Cofounded in Munich, in 2018 by CEO Tobias Pohl, CTO Alexander Pohl and CPO André Alcalde, Celus has developed a cloud-based engineering platform that supports electronics engineers with rich component data from electronic manufacturers and adds automation to accelerate the design process.

More than 1,800 engineers already use the platform.

PCB WEST: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

 

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