Netrasemi raises Rs 107 Crore in Series A round from Zoho Corporation & Unicorn India Ventures to build advanced Edge-AI SoCs.
Netrasemi, an Indian fabless semiconductor company, is developing a comprehensive family of 𝐄𝐝𝐠𝐞-𝐀𝐈 𝐬𝐲𝐬𝐭𝐞𝐦-𝐨𝐧-𝐜𝐡𝐢𝐩𝐬 (𝐒𝐨𝐂𝐬), designed to meet the compute platform requirements of original equipment manufacturers (OEMs) across surveillance, industrial robotics, and smart infrastructure markets. The Series A funding will be strategically deployed to, Accelerate research and development initiatives, Expand manufacturing capabilities and Enhance marketing efforts to capture larger domestic and global market share.
What truly moves a startup forward is the belief of its stakeholders. Netrasemi is extremely grateful to our investors for partnering with us on this transformative journey.
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The company values Zoho’s leadership for their vision and market knowledge, along with the potential for R&D collaboration across new industry segments. Netrasemi also appreciates Unicorn India Ventures’ continued confidence demonstrated through their reinvestment in the company’s growth potential, and trust in the roadmap ahead.
The continuous support from institutions like the Ministry of Electronics and Information Technology (MeitY) serves as a true catalyst for Netrasemi’s progress in building future-ready Indian semiconductor chips for the world. Netrasemi has received substantial financial and EDA Tool infrastructure support from the Ministry of Electronics and Information Technology under the Design Linked Incentive (DLI) and Chips to Startup (C2S) semiconductor programs, and we are thankful for the same.
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We are also thankful to our Team, Partners and facilitators, including TrEST Research Park, IIMK LIVE, and Kerala Startup Mission, who have played extraordinary roles in our progress.
