Netrasemi, a Kerala, India-based semiconductor startup, raised Rs 10 Crore in Pre-Series A Funding.
The round was led by Unicorn India Ventures.
The company intends to use the funds for the fabrication of two ML SoC chips (Netra A2000 and Netra R1000)
Founded in 2020 by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha, Netrasemi is an Edge AI semiconductor technology company building system-on-chips (SOC) to enable the new-age need for optimal computing for smart IoT products. With a 61 member team, the company is bringing a family of AI/ML capable SOCs and reference designs for solving 100+ AI/ML use cases making Edge AI product development efficient, simple and economical. These chips go into motherboards that make these products capable of doing advanced AI-based analytics without the need for sending the data to servers and the cloud hence, making them smart, cheap, responsive and independent. Key target segments are defense, surveillance, smart sensors, smart infrastructure, machine vision & industry 4.0, robotics, drones and autonomous vehicles, among others.
FinSMEs
10/12/2024