REDWOOD CITY, CA (October 4, 2023) – Today, SnapEDA is launching SnapMagic Copilot, the AI design partner that will change how every engineer designs electronics.

As part of this launch, SnapEDA is rebranding to SnapMagic and has raised a new round of funding from world-leading AI and developer tool investors.

“AI is advancing incredibly quickly. We’ve seen copilot technologies provide enormous leverage to software engineers, and it’s time to bring that to hardware engineering.” said SnapMagic CEO and electrical engineer Natasha Baker, “That’s what we’re doing with SnapMagic Copilot.”

SnapMagic Copilot pairs state-of-the-art artificial intelligence with its massive proprietary dataset to automate some of the most time-consuming aspects of electronics design. That includes:

• Auto-completion of common circuits: For example, engineers can add a microcontroller to a circuit and SnapMagic will also place the recommended decoupling capacitors.
• Creation of common designs: Using natural language, engineers can instruct their PCB tool. For example, they can ask for a ‘non-inverting amplifier with a gain of 2’, and SnapMagic creates those circuits with orderable parts based on fundamental circuit theory principles.
• Reference design auto-placement: SnapMagic Copilot will suggest a manufacturer-recommend reference design upon placement of a relevant integrated circuit.
• Optimization for cost and power: SnapMagic Copilot can optimize a bill of materials based on chosen parameters like cost or power consumption.
• Component replacements: If a part is detected to be in low inventory, SnapMagic Copilot recommends alternate parts using its proprietary component recommendation engine.

SnapMagic is unique in the market. Its vast proprietary dataset is critical for automating electronics design and has been honed through years of collaboration with top OEMs and component suppliers. Further, SnapMagic integrates — rather than replaces — existing PCB design tools. As a result, every engineer can benefit from its productivity-boosting features, instantly.

In recent years, designers have been under pressure due to component shortages and a trend towards more, but smaller, design teams. SnapMagic sees AI as a game-changer, amplifying these engineers’ capabilities. Early SnapMagic Copilot users report quicker design times and superior quality.

With over 1.5 million engineers relying on its product, and a CAGR of 61%, SnapMagic has successfully united the world’s electronics designers, distributors, and component suppliers in one place. Popular distributors on its platform include Digi-Key and Mouser, and popular suppliers include Texas Instruments, Analog Devices, and TE Connectivity.

The launch of SnapMagic Copilot is the next step in SnapMagic’s mission to help engineers design electronics faster. Join the waiting list at www.snapmagic.com.

About SnapMagic

Built by electrical engineers for electrical engineers, SnapMagic removes monotony so that engineers can do their best work. SnapMagic’s electronic component data is used by over 1.5 million engineers across the world’s largest organizations. Its new AI Copilot will change the way that every engineer designs electronics. SnapMagic is funded by leading Silicon Valley investors in the technology, artificial intelligence, and developer tools domains.