Siemens EDA launches Cre8Ventures in support of the EU Chips Act

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Siemens EDA has launched its collaborative venture initiative, Cre8Ventures, and has announced that it is now accepting proposals for collaboration from European integrated circuit (IC) start-ups as part of its activities around the European Chips Act.

Adopted by the European Union in 2023 to strengthen the EU's semiconductor industry and reduce its reliance on foreign suppliers, the act aims to significantly boost the EU's share of the global semiconductor market to by 2030.

Established to help European start-ups with their route-to-product, route-to-funding and route-to-market activities, Siemens’ Cre8Ventures looks 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 leverage Siemens’ EDA tools, Emulation and FPGA prototyping solutions to develop, test and demonstrate their initial products – through subsystem pre-silicon digital twins.

Partner start-ups will also be able to utilise Siemens’ PAVE360-based solution so they can prove out their claims through comprehensive, system-wide digital twins. With PAVE360, early-stage IC design teams can develop hardware and software in parallel.

By “shifting-left" the design phase, PAVE360 can also help to compress 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.

For more information, follow the link below.