When was Diode founded?

Diode was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Diode located?

Diode is headquartered in San Francisco, United States.

Who is the current CEO of Diode?

Davide Asnaghi of Diode. They have also founded 1 company.

How many employees does Diode have?

As of Jun 30, 2026, the latest employee count at Diode is 14.

Is Diode a funded company?

Diode is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2024.

When was the latest funding round of Diode?

Diode's latest funding was a $***** Series B round on Apr 17, 2025, with participation from 0 investor.

Where does Diode rank among its competitors?

Diode ranks 33rd amongst 272 active competitors, of which 47 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Cognichip, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Diode?

Diode's top competitors include Cadence, Synopsys and National Instruments. Among them, Cognichip secured the most recent funding round in April, 2026.

Diode - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of an AI-powered platform that automates circuit board design. It provides users with a company that leverages artificial intelligence to automate circuit board design, streamlining the process and reducing production time. It also helps companies to design and manufacture custom PCBs with increased speed and efficiency.

Key Metrics

Founded Year

2024

Location

San Francisco, United States

Stage

Series B

Total Funding

$15M in 2 rounds

Latest Funding Round

Series B, Apr 17, 2025, $*****

Investors

Y Combinator

Ranked

33^rd among 272 active competitors

Employee Count

14 as on Jun 30, 2026

Similar Companies

Cadence & 262 more

View Diode's full profile

Diode has raised a total funding of $15M over 2 rounds. Its first funding round was on 2024. Diode has 1 institutional investor.

Here is the list of recent funding rounds of Diode:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 17, 2025	4316565	Series B	3658880	6150914	9024740	2324395
2024	4097	Seed	4300	6417	6775	Y Combinator

Access funding benchmarks and valuations. Sign up today!

View details of Diode's funding rounds and investors

The founders of Diode are Davide Asnaghi and Lenny Khazan. Davide Asnaghi is the CEO of Diode.

Here are the details of Diode's key team members:

Davide Asnaghi: Co-Founder & CEO of Diode.
Contact Info: 1 email address
Lenny Khazan: Co-Founder & CTO of Diode.
Contact Info: 1 email address

View details of Diode's Founder profiles and Board Members

Diode's employee count trend

Diode has 14 employees as of Jun 26. Here is Diode's employee count trend over the years:

Uncover Diode's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Diode include Cadence, Synopsys and National Instruments. Here is the list of Top 10 competitors of Diode, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cadence 1988, San Jose (United States), Public	Provider of electronic design automation software for semiconductor industry	-	Herald Investment Management, Concord Venture Capital Group ... & 9 others	72/100
2nd	Synopsys 1986, Sunnyvale (United States), Public	Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification	-	Nvidia, New Enterprise Associates & 2 others	70/100
3rd	National Instruments 1976, Austin (United States), Acquired	Provider of hardware, software, and services for test and measurement	-	Europa, BAFA & 1 others	66/100
4th	proteanTecs 2017, Haifa (Israel), Series D	Provider of cloud-based lifecycle analytics software for chips	$250M	Koch Disruptive Technologies, Viola Group ... & 25 others	66/100
5th	Flux AI 2019, San Francisco (United States), Series B	Developer of an AI-powered platform for PCB design and layout	$49M	Outsiders Fund, Bain Capital Ventures & 11 others	65/100
6th	Cognichip 2024, Redwood City (United States), Series A	Developer of artificial intelligence software for semiconductor design automation tools	$93M	Seligman Ventures, Lux Capital & 4 others	63/100
7th	Normal Computing 2022, New York City (United States), Series A	Developer of AI software for hardware engineering and EDA solutions	$85M	Samsung Catalyst Fund, Celesta Capital & 8 others	62/100
8th	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	SIDBI Venture Capital, Yali Capital & 1 others	62/100
9th	Mentor Graphics 1981, Wilsonville (United States), Acquired	Developer of software tools for electronic design automation	-	Elliott Management, Gefinor Capital & 7 others	61/100
10th	Quilter 2019, Los Angeles (United States), Series B	Developer of AI-driven electronics design software for hardware development programs	$35M	Index Ventures, Benchmark & 3 others	59/100
33rd	Diode 2024, San Francisco (United States), Series B	Provider of an AI-powered platform that automates circuit board design	$15M	Y Combinator	43/100