The move to support and provide startups with access to professional-grade EDA tools, which often represent a significant investment at the early stage, is intended to help lower the barrier to chip innovation, accelerate time to market, and reduce development costs across the chip design space.
"By providing startups with access to Synopsys' advanced semiconductor EDA tools, we can lower the barrier to entry for breakthrough chip design and accelerate the pace of innovation across industries. Our mission is to empower technology innovators everywhere, which is closely aligned with Plug and Play's platform," said Brandon Wang, Vice President of the Corporate Strategy Group at Synopsys. "Our collaboration with Plug and Play will empower the next generation of innovators in semiconductors and other industries such as mobility, life sciences, and broader deep tech."
The collaboration is expected to draw more entrepreneurs, investors, and corporate partners into the semiconductor program.
"Our mission has always been to empower entrepreneurs by giving them the tools, networks, and opportunities they need to succeed," said Rouzbeh Borhani, Head of Plug and Play Semiconductors. "This collaboration with Synopsys brings their trusted and comprehensive chip design software and solutions directly to the startups we support."
This collaboration is seen as strengthening Plug and Play's ability to support the most promising semiconductor startups while reinforcing Synopsys' role in enabling innovation at the earliest stages of chip development. It also lays the foundation for continued collaboration between the two organisations.
Plug and Play launched its semiconductors program in 2023 to help accelerate breakthrough hardware and chip innovation by connecting startups with corporations, government agencies, universities, and investors. The collaboration between Plug and Play and Synopsys will bring the platform even greater technical depth and opportunity.
