Deep tech startup Itera has emerged from stealth with a prototype of the world’s first fluid circuit board – a technology that allows engineers to rewire and retest physical electronic circuits in less than a minute.
The company also announced $12 million in seed funding from Upfront Ventures, Costanoa Ventures, and Colle Capital to launch their first product and bring it to market.
Traditional printed circuit board (PCB) prototyping cycles force engineers to wait two to six weeks per design iteration, costing hundreds of thousands to millions in burn for a single hardware team and contributing to an estimated $50 billion of direct spending on electronics development annually. [Read more…] about Itera raises $12 million for fluid circuit board that rewires itself in under a minute