Mercia Fund Management and Finance Wales have led a $1m series-A round for Thalia Design Automation-- 25-April-2014

Thalia provides tools for optimising analogue, mixed signal and power designs via the automation of design cycles and production. Its electronic design automation tools aim to simplify and speed up design processes of electronic chips.The company has also received grant funding from the Technology Strategy Board and the Welsh government. The firm will use the fresh funding to develop its automation technology and to boost its presence in Cwmbran. The firm employs eight staff and is based in Cwmbran and Bangalore.

EE Times on Thalia Design Automation Ltd -- 25-April-2014

Analog EDA startup Thalia Design Automation Ltd., founded by a former CAD engineering manager for Micrel, has raised $1 million in a mix of equity funding and grant support. The Series A funding round was led by Mercia Fund Management and Finance Wales.

Design-Reuse, EDApages on Thalia Design Automation

Mercia Fund Management and Finance Wales lead significant investment in Electronic Design Automation start-up