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Kerala-based Netrasemi raised ₹10 Cr in a Pre Series A round led by Unicorn India Ventures to fabricate two ML SoC chips for Edge AI applications.

Dec 10, 20247 months ago

Amount Raised

₹100 Million

Round Type

series a

ThiruvananthapuramMachine LearningArtificial IntelligenceSoftware

Investors

Unicorn India Ventures

Description

Netrasemi has secured ₹10 crore in a Pre Series A funding round aimed at developing their ML SoC chips, Netra A2000 and Netra R1000. The funding will support the fabrication of these chips which enhance optimal computing for IoT products.

Company Information

Company

Netrasemi

Location

Thiruvananthapuram, Kerala, India

About

Netrasemi is an Indian Edge AI semiconductor technology company founded in 2020 by Jyothis Indirabhai, Sreejith Varma, and Deepa Geetha. The company focuses on building system-on-chips (SoCs) to enable optimal computing for smart IoT products. With a strong team, Netrasemi develops AI/ML capable SoCs and reference designs for over 100 use cases, making Edge AI product development efficient and economical. They are generating notable revenue growth and receiving positive responses from large OEMs across various sectors.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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