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Tessolve Raises $40 Million In Funding From Novo Tellus

Apr 21, 2021•about 4 years ago

Amount Raised

$40 Million

Bengaluru

Description

Hero Electronix-owned end-to-end semiconductor engineering and testing service provider Tessolve has raised $40 million in funding from Singapore-based private equity firm Novo Tellus at a valuation of $100 million, as it looks to build chops in semiconductor design to feed a growing demand for custom silicon globally.

Company Information

Company

Tessolve

Location

Bengaluru, Karnataka, India

About

Tessolve is a leading end-to-end engineering services partner for semiconductor companies with a wide range of offerings covering chip design, test and PCB engineering and embedded systems design. With over 2,000 employees worldwide and operations in US, India, Singapore, Malaysia, Europe, UK, and Taiwan; Tessolve enable its clients accelerate their innovation journey and enables faster time-to-market through deep domain expertise in Analog, Digital, Mixed Signal, and RF. It has unmatched capabilities across test engineering platforms backed by in house infrastructure including test, characterization and reliability labs. Tessolve allows customers to leverage high end engineering in a cost-efficient model and enables a seamless transition from design and development to production and beyond.

Funding Insights

Based on industry data
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