Fundraising Fox

Itera

3 known investors

Find your way into Itera

921 people in our graph share verified history with the Itera team — schools, employers, funds. One of them is your warm intro.

Micah Rosenbloomunlockedknows Mattis Fjällström · together at Verkada (overlapped)
knows the team · via Uber
×3knows the team · via Oracle
×3knows the team · via Lyft
knows the team · via Virginia Tech
knows the team · via Verkada

Itera builds and tests physical electronic circuits from a design without simulation, capturing real-world behavior and allowing rapid iteration. It targets hardware engineers as an alternative to traditional PCB prototyping and simulation.

Deep TechDeveloper ToolsHardware

Founders & leadership

ACAJ Cooper
AJ CooperinFounderAJ Cooper is founder of Itera, which builds and tests physical electronic circuits from designs without simulation to enable rapid iteration in hardware development. With approximately two decades of experience in engineering and materials science, Cooper has led multidisciplinary teams focused on accelerating hardware prototyping and manufacturing processes.
MFMattis Fjällström
Mattis FjällströminFounderMattis Fjällström is co-founder of Itera with over 20 years of experience in embedded software and systems programming; he holds an MSc in Information Technology Engineering and has worked extensively with bare-metal development, real-time operating systems, device drivers, and embedded networks.

Investors · 3

Colle Capital PartnersNew York · $500K – $2M
Upfront VenturesLos Angeles · $1M – $10M
Costanoa VenturesreportedSan Francisco · $500K – $8M

Funding

SEC filings, press & company announcements

$24M disclosed across 2 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Itera Raises $12M Seed for Real-Time Electronics Prototyping - Fundraise Insiderfundraiseinsider.com · May 2026Itera raises $12 million for fluid circuit board that enables real-time electronics prototypingroboticsandautomationnews.com · May 2026Itera: $12 Million Seed Funding Raised To Bring Real-Time Prototyping To Electronicspulse2.com · May 2026Itera Raises $12M to Speed Up Hardware Prototypingtechnews180.com · May 2026Itera Secures $12 Million in Seed Funding Led by Upfront Ventures and Others | Raising.firaising.fi · May 2026Itera Raises $12M in Seed Fundingfinsmes.com · May 2026

Frequently asked questions

What does Itera do?
Itera builds and tests physical electronic circuits from a design without simulation, capturing real-world behavior and allowing rapid iteration. It targets hardware engineers as an alternative to traditional PCB prototyping and simulation.
Who founded Itera?
Itera was founded by AJ Cooper, Mattis Fjällström.
Who are Itera's investors?
Itera's investors include Colle Capital Partners, Upfront Ventures, Costanoa Ventures.
How much funding has Itera raised?
Itera has disclosed $24M raised across 2 rounds.