Startup Funding: Netrasemi's Big Leap into the Semiconductor Landscape

Kerala's thriving startup ecosystem has just witnessed another milestone as Netrasemi, a pioneering semiconductor technology company, raised ₹10 crore in its pre-Series A funding round. The investment, spearheaded by Unicorn India Ventures, aims to revolutionize Edge AI for IoT products, marking a significant step forward in India's journey toward technological self-reliance.

The funds will be channeled into the fabrication of two cutting-edge Machine Learning System-on-Chip (ML SoC) solutions: Netra A2000 and Netra R1000. These innovative chips promise to redefine how IoT devices process and analyze data.

Semiconductor Startup Netrasemi

Founded in 2020 by tech stalwarts Jyothis Indirabhai, Sreejith Varma, and Deepa Geetha, Netrasemi has established itself as a formidable player in the semiconductor sector. With a focus on building AI-capable SoCs, the startup addresses the growing demand for optimal computing power in smart IoT products.

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Unlike conventional methods requiring cloud connectivity for data processing, Netrasemi’s chips enable on-device analytics, enhancing efficiency and reducing latency. This approach makes IoT products smarter, more responsive, economical, and independent.

Revolutionizing AI Use Cases

Netrasemi’s innovations have the potential to simplify and optimize AI/ML applications for over 100 use cases, spanning industries such as medical, telecom, and industrial automation. Their chips empower motherboards to perform advanced AI analytics directly on the device, eliminating the need for cloud dependency—a game-changer for sectors requiring real-time data analysis.

Impressive Market Momentum

In just a few years, Netrasemi has garnered significant traction. Over the past 12 months, the company has received encouraging feedback from Original Equipment Manufacturers (OEMs) across various countries. Its services have generated $0.75 million in revenue, primarily from chip design and porting for strategic partners.

This success is only the beginning. The company projects 150% revenue growth by FY25, driven by intellectual property (IP) revenue streams. From FY27, once volume production of its chips commences, Netrasemi expects even more robust growth.

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Edge AI: The Future of IoT

Netrasemi's mission aligns with India’s push for self-reliant semiconductor manufacturing and advanced technology development. By enabling devices to process AI tasks locally, Netrasemi is not just creating chips but empowering industries with cost-effective, high-performance solutions that can redefine IoT innovation globally.

With this strategic funding, Netrasemi is poised to scale its operations and solidify its position as a leading Edge AI innovator. The startup’s ability to blend cutting-edge technology with practical applications makes it a shining example of India’s growing prowess in the global semiconductor ecosystem.

As the world increasingly embraces smarter, connected solutions, startups like Netrasemi are laying the foundation for a revolutionary shift in how we build and use technology.

Disclaimer: This content is a press release from the company/PR team and may have been creatively edited without altering any facts. The TICE editorial team cannot be held responsible or accountable for any business decisions made based on this report. TICE does not verify or vouch for the accuracy of the facts presented in this article.

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