GURUGRAM, INDIA – Elecbits has raised $5.5 million in Series A funding to expand its electronics design and manufacturing capabilities. The round was led by Nexus Venture Partners, with participation from SE Ventures Energy, the investment arm of Schneider Electric, and Singapore-based Riverwalk Holdings.

LOS ANGELES -- Quilter today announced the creation of the printed circuit board design for a computer using artificial intelligence tools in under a week.