Agile Analog, a Cambridge-based analogue IP company, has successfully been awarded funding from Innovate UK, the UK’s innovation agency, to accelerate their new product development.

The project, totalling around £1m, will be 45% funded by Innovate UK and will extend Agile Analog’s leading edge, AI-driven technology to address much higher complexity analogue IP, and result in a large expansion of products available to Agile Analog’s customers.

Analogue IP, or analogue circuits, are needed on microchips as they provide the connection between the real world and the digital world. Agile Analog has developed a technology to automate the design and delivery of these circuits.

Agile Analog’s design technology is programmatic, systematic and repeatable leading to IP that is more verifiable, more robust and more reliable. The availability of high-quality analogue IP enables the company's customers to integrate more functionality on chip.

The two-year project will focus on enhancing the company's technology to develop new categories of IP that will complement its existing range of products. These components can then in turn be further integrated to provide even more complex analogue systems.

Commenting Tim Ramsdale, CEO of Agile Analog, said: “This award serves as further endorsement of our technology and will lead to increased growth in the UK’s technology sector. The products we will develop with the Innovate UK grant will provide more flexibility and reduced time to market for customers in the Automotive, IoT, AI and Security markets.”

Mike Hulse, CTO of Agile Analog, added: “The Innovate UK grant will enable us to expedite our technology development and introduce new, more complex analogue IP to the market. Our customisable IP is built to a higher quality and is available on any semiconductor process, enabling the acceleration of innovation across the industry.”