Siemens to tap EU chip cash with Cre8Ventures

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Siemens EDA has re-launched the collaborative venture initiative it acquired with Mentor Graphics to take advantage of the funding from the EU Chips Act.

www.eenewseurope.com, Dec. 18, 2023 – 

Cre8Ventures is now accepting proposals for collaboration from European integrated circuit (IC) chip startups as part of the Siemens activities around the European Chips Act.

The EU Chips Act aims to significantly boost the region's share of the global semiconductor market by 2030.

Cre8Ventures was originally launched in 2005 in the UK and aims to provide young companies with access to physical and cloud-based labs that are equipped to help start-ups and partners secure exceptional proof-of-technology, proof-of-concept and proof-of-value designs.

The Siemens initiative is also designed to contribute to Europe's leadership in the global semiconductor industry, providing a platform for EMEA-based chip/IC start-ups to collaborate on their designs with Siemens EDA. Through the labs, partner start-ups can tap into the Siemens EDA tools, emulation and FPGA prototyping systems to develop, test and demonstrate their initial products – through subsystem pre-silicon digital twins.

A key difference now its that Cre8Ventures companies can also use Siemens' PAVE360 software to develop early stage system-wide digital twins. This allows chip design teams to develop hardware and software in parallel to shorten design cycles and accelerate time to value and the market.

Cre8Ventures is open to early-stage IC companies in Europe, as well as to funded/later stage start-ups. To be eligible, companies must be developing innovative IC designs that have the potential to make a significant impact on the semiconductor industry.

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