ChipXPRT, a spin-off from the National University of Sciences and Technology’s School of Electrical Engineering and Computer Science (NUST SEECS), has secured a Rs50 million seed investment from Matracon Pakistan Private Limited, the university announced on October 31, 2026.
What happened?
The investment was confirmed at a signing ceremony held at the National Science and Technology Park at NUST. ChipXPRT works on chip design solutions, and the company says the funding marks a significant step in its mission to deliver cutting-edge chip designs and drive innovation in the semiconductor industry.
Key details
- ChipXPRT is a spin-off from NUST SEECS, based at the National Science and Technology Park at NUST.
- The seed investment of Rs50 million comes from Matracon Pakistan Private Limited.
- The funding will support the company’s chip design work and its growth in the semiconductor industry.
- The signing ceremony was attended by the SEECS principal and representatives, along with Senator Abdul Qadir.
What it means for people in Pakistan
Pakistan is working to build local expertise in semiconductor design, an industry at the heart of almost every modern device. Investment in a homegrown chip design company shows that local engineering talent is attracting local capital, and it supports the wider national effort to train chip designers and grow a domestic semiconductor ecosystem rather than relying entirely on imported expertise.
