Economic Times Tech
6/19/2026
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip business
Short summary
Architect Labs raised $24M to accelerate chip design for semiconductor manufacturers and software companies seeking custom silicon solutions. The startup competes with established players like Broadcom and Marvell by automating the design process. The funding reflects rising demand for chip-design acceleration tools driven by AI infrastructure expansion.
- •$24M funding for custom chip design acceleration platform
- •Targets both semiconductor vendors and software companies building applications
- •Competes in growing chip-design automation space
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