[Digital Today reporter Chi-gyu Hwang] Flux, which develops a PCB design automation platform, has raised $37 million in funding.

SiliconANGLE reported on Feb. 28 that the investment includes a Series B round led by 8VC and a $10 million seed round joined by Outsiders Fund and Bain Capital Ventures.

A PCB is a flat board that connects electronic components and is used for a range of purposes, from computer processors to sensors and keyboards. Flux's AI platform automatically provides suitable PCB designs, component recommendations and ways to cut costs when users enter the functions they want.

Flux also supports firmware development in addition to PCB design. It stressed that developers previously needed a deep understanding of PCB hardware characteristics, but Flux has automated this and significantly improved development speed.

It added that the platform uses AI to support firmware compatibility testing and code generation, and helps non-experts design PCBs easily.

Flux plans to use the funds to strengthen its AI engineering capabilities and expand integration with external PCB simulation tools and parts databases. Chief Executive Matthias Wagner (마티아스 와그너) said, "Traditional hardware development was very complex, but we are lowering design costs to near zero so anyone can easily develop PCBs."