Summary
Electronics manufacturing platform CircuitHub has successfully raised £21 million ($28 million) in a Series A funding round led by operator-led venture capital firm Plural.
Summary of transaction details:
- Value: £21 million ($28 million)
- Sector: DeepTech & AI / Advanced Manufacturing / Semiconductors
- Advisor: Not disclosed
- Key Entities: Target: CircuitHub; Lead Investor: Plural; Key Executive: Andrew Seddon (Founder & CEO).
- Location: Cambridge / London, UK and Massachusetts, US.
Note: Founded in 2012 by Andrew Seddon, CircuitHub addresses a critical bottleneck in "Physical AI" by bringing semiconductor-style automation to printed circuit board (PCB) assembly. While 95% of electronics projects involve fewer than 10,000 units, the legacy global supply chain remains heavily optimized for rigid mass production offshore, leaving hardware teams exposed to multi-month iteration delays and geopolitical risks. CircuitHub’s cloud platform allows engineers to upload designs for instant quoting, leveraging automated robotics, computer vision, and AI to manufacture anything from one prototype to 10,000 units with a standard three-day turnaround. Having already delivered over 2 million boards from its initial facility in Massachusetts, this Series A capital will be used to expand its modular "Grid" factory network across the US and Europe, grow its R&D teams in Cambridge and London, and transition the platform into a full-service electronics manufacturing solution.
Lead Investor / Acquirer
Plural
Advising Broker
Undisclosed Firm
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Series A prioritisedOriginal Source
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