Fundraising Fox

Itera

3 known investors

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 CooperinFounder
MF
Mattis FjällströmFounder

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.