Pathkey. AI secures $2.8 million and appoints Sam Weiss as advisor

Pathkey. AI Ltd has announced the appointment of Sam Weiss as a strategic advisor and the successful completion of a $2.8 million strategic placement. Weiss, the former Non-Executive Chairman of Altium Limited, will serve as a cornerstone investor in the placement.

Weiss previously oversaw Altium’s growth and its eventual acquisition by Renesas Electronics. His experience is expected to support Pathkey. AI’s Chipforge platform, which provides AI-native automation for semiconductor design workflows, including FPGA and ASIC.

The capital raised through the issuance of 100,000,000 shares will be used to accelerate technology development, marketing, and business development for Chipforge, as well as to support existing assets and general working capital.