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ASICs

Mobius Materials

Richmond, VA, United States

About Mobius Materials

Mobius Materials runs an online marketplace where manufacturers buy and sell excess electronic components such as microchips. This is the spot market, where parts trade for immediate delivery rather than under long-term contracts, and it is often served by brokers. Mobius inspects parts at its warehouses and charges a flat fee on sales. It added a two week auction format in February 2026. The company was founded in 2020 by Margaret Upshur, who is chief executive. It started in Silicon Valley but is now headquartered in Richmond, Virginia, and closed a seed round led by Spero Ventures in December 2025.

Mobius Materials was founded in 2020 and is based in Richmond, VA, United States. It is listed under ASICs. Reported funding is $3M Series Seed (Dec 2025, led by Spero Ventures).

Compute Technologies

  • ASICs

What Mobius Materials works on

ASICs

An ASIC, or application-specific integrated circuit, is a chip designed to do one job or a narrow set of jobs. Its circuits are fixed when the chip is made. A CPU can run any program; an ASIC does what it was designed for and nothing else.

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