A deep tech startup has come out of stealth, brandishing a prototype of what it claims to be “the world’s first fluid circuit board.” In an email to Tom’s Hardware, Itera explains that it “uses electrowetting to precisely control liquid metal alloys on a glass substrate using electric fields.” This new PCB design tech means engineers can physically rewire a circuit “in less than a minute,” according to a company press release. Thus, hardware iteration cycles can be 1,000x faster while using actual electronic components with real electrical behavior.
“Software developers have been able to write code, test, and iterate in real time for decades. Itera makes real-time design and iteration possible for hardware too,” said AJ Cooper, CEO and co-founder of Itera. “Hardware has always been hard because it is permanent. Changing it requires time and money. Itera is making hardware easy. For the first time ever, an engineer can change a circuit and test it again before their coffee gets cold.”
So, it is clear that Itera is pitching its patented architecture of glass and liquid metal as a super-fast hardware solution for PCB engineers. It also touts significant cost savings. Traditional PCB prototyping cycles can take considerable time between design iterations, and they can form a significant part of the electronics development budget, too. However, with Itera's tech, moving from one prototype to the next can be achieved “in less than a minute,” according to the startup.
These are big and exciting claims by the fledgling company, but it has some serious backing. For example, as it exits stealth, Itera has also announced $12M in seed funding from Upfront Ventures, Costanoa Ventures, and Colle Capital to launch its first product and bring it to market. Moreover, its first glass and liquid metal PCB production run has already been reserved by “a top 5 global automotive OEM and defense neoprimes.” Itera also highlights interest in its tech from “a leading hyperscaler and multiple chipset manufacturers.”
Itera’s business will operate as an Electronics-as-a-Service model where customer designs will be assembled using their actual components on Itera’s multilayer substrates at secure, U.S.-based testing centers. We were told that “when an engineer modifies their design, Itera reconfigures the liquid metal traces to match the new routing, and real components are assembled on the reprogrammable substrate.” This is how Itera hopes to bring software-speed iteration to hardware development via its patented tech.
