A spin-off from the National University of Sciences and Technology has secured PKR 50 million in seed investment to advance its chip design work, the university’s School of Electrical Engineering and Computer Science (SEECS) announced on October 26, 2026.
What happened?
ChipXPRT, a company spun off from NUST SEECS, secured the PKR 50 million seed investment from Matracon Pakistan Private Limited. The signing ceremony was held at the National Science & Technology Park at NUST.
Key details
- Investor: Matracon Pakistan Private Limited
- Amount: PKR 50 million in seed funding
- Company: ChipXPRT, a NUST SEECS spin-off focused on chip design solutions
- Venue: Signing ceremony at the National Science & Technology Park at NUST
- Attendees included NUST SEECS leadership and Senator Abdul Qadir
What it means for people in Pakistan
The investment supports home-grown semiconductor design capability, an area where Pakistan has had limited local industry. If ChipXPRT’s work scales, it could create skilled engineering jobs and reduce reliance on imported chip design services, while giving NUST graduates a path from university research into a commercial technology company.
Source: https://seecs.nust.edu.pk/news/chipxprt-a-spin-off-from-nust-seecs-has-secured-a-pkr-50-million-seed-investment-from-matracon-pakistan-private-limited/
