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The Hindu
a day ago
- Business
- The Hindu
TrEST Research Park-incubated semiconductor start-up Netrasemi secures Series A funding
Fabless semiconductor start-up Netrasemi Pvt. Ltd., incubated at the State-run TrEST Research Park, has successfully raised ₹107 crore in an achievement that could fuel Kerala's deep-tech ambitions. Higher Education Minister R. Bindu said the investment in the start-up's Series A funding round (first round of venture capital funding after a start-up receives initial seed funding) was led by Zoho Corporation and Unicorn India Ventures. 'This is a significant leap for Kerala's growing semiconductor ecosystem. Netrasemi's success adds momentum to the State's deep-tech vision and proves the value of fostering innovation through academic-industry collaboration,' the Minister said. Founded in 2020 by Jyothis Indirabhai, Sreejith Varma and Deep Geetha, Netrasemi is developing a new generation of domain-specific, power-efficient Edge-AI System-on-Chips (SoCs). These chips are being widely adopted in sectors such as robotics, autonomous systems, smart IoT devices and surveillance technologies. Flagship products like Netra A2000 and R1000 are already in commercial use, offering cutting-edge solutions powered by a patented heterogeneous parallel processing architecture capable of supporting over 100 AI/ML applications, the Minister added in a statement. The start-up has also received backing from the Ministry of Electronics and Information Technology (MeitY) under its Design Linked Incentive (DLI) and Chips to Start-up (C2S) schemes. Modelled after the IIT Madras Research Park, TrEST Research Park was established to offer world-class R&D infrastructure and mentorship, and turn academic research into market-ready solutions.
New Indian Express
3 days ago
- Business
- New Indian Express
Thiruvananthapuram startup Netrasemi raises Rs 107 crore from Zoho Corp, Unicorn India Ventures
KOCHI: Kerala-based semiconductor startup Netrasemi has raised Rs 107 crore in the Series A round from Zoho Corporations Ltd & Unicorn India Ventures. This is the single largest funding raised by the startup compared to the earlier rounds. In the earlier rounds, the company had raised a total of Rs 125 crore. Speaking to TNIE, Jyothis Indirabhai, co-founder and CEO of Netrasemi, said, 'The funds raised will be used for accelerating research and development initiatives, expand manufacturing capabilities, enhance marketing efforts to capture larger domestic and global market share, bring four system-on-chip variants with advanced AI and video analytics features into production and address compute platform requirements of original equipment manufactures (OEMs) for surveillance, industrial robotics, and smart infrastructure products.' According to him, the startup has successfully completed the development of two System on a Chip (SoC) products. 'The company is focused on developing SoCs that enable optimal computing for smart IoT products, particularly for addressing complex workloads like video processing. These chips can be used in devices, making them capable of performing advanced AI-based analytics directly, eliminating the need to send data to servers or the cloud.' This capability is powered by Netrasemi's energy-efficient deep-neural AI acceleration core (NPU) and comprehensive portfolio of in-house silicon intellectual properties. In the last 12 months, the company has completed development of two Edge-AI chips with advanced video capabilities, initiated development of CCTV AI camera chip for Indian market, established partner agreements for evaluation boards and platform development, signed multiple MOUs with global partners for sample release and product R&D and secured interest and requirements from multiple OEMs for platform development using Netrasemi SoCs.
Associated Press
14-03-2025
- Business
- Associated Press
Recent Milestones With Qualcomm's Commitment to Supporting Innovative Start-Ups
Originally published by MWC Barcelona Qualcomm continues to be a leader in technological innovation, committed to global growth and sustainability. Together with our ecosystem partners, we create opportunities designed to promote innovation and societal advancement. The Qualcomm® Make in Africa (QMIA) program, now in its third year, mentors early-stage startups using technologies such as 5G, Edge-AI, Compute, and IoT. This initiative offers business coaching, engineering consultation, hardware platforms, and intellectual property guidance to help startups scale their impact and drive technological progress across Africa. QMIA leverages the energy and creativity emerging from Africa's tech scene. Across the continent, there is a growing wave of entrepreneurship fueled by technological advancements, increased internet penetration, and a young generation eager to drive change.
