Kerala-based semiconductor startup Netrasemi has secured ₹10 crore in a pre-Series A funding round from Unicorn India Ventures to advance edge AI solutions for Internet of Things (IoT) products. The company stated that the funding will support the fabrication of two machine learning system-on-chips — Netra A2000 and Netra R1000.
Founded in 2020 by Jyothis Indirabhai, Sreejith Varma, and Deepa Geetha, Netrasemi operates in the semiconductor design space with a focus on next-gen AI-enabled chips for edge computing.
Over the past year, Netrasemi has gained strong traction from global OEMs across the medical, telecom, and industrial sectors. The company has started generating robust revenue and profits of around $0.75 million, primarily through its chip design and porting services for partner firms.
Netrasemi has developed three families of system-on-chips (SoCs) to date: Netra-R1000, Netra-A2000, and Netra-A4000 — all focused on bringing machine learning capabilities to the edge.
Jyothis Indirabhai, Co-Founder, Netrasemi, said, “Netrasemi family of chips will be the first AI/ML SoCs from India for intelligent edge devices, with a full array of digital IPs inhouse developed.”
The key target segments of Netra SOCs are surveillance, smart sensors, smart infrastructure, machine vision and industry 4.0, robotics, drones, and autonomous vehicles.
Anil Joshi, Managing Partner, Unicorn India Ventures, said, “There are attractive opportunities in the edge AI software market and there is absolutely no denying that the AI industry has the potential to transform various sectors. The funding accelerates Netrasemi’s mission to deploy the solutions on a better scale.”
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