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Semiconductor startup Calligo Technologies bags $1.1 Mn in pre-Series A

EntrackrEntrackr · 4m ago
Semiconductor startup Calligo Technologies bags $1.1 Mn in pre-Series A
Medial

Semiconductor startup Calligo Technologies has raised $1.1 million in a pre-Series A round co-led by Seafund and Artha Venture Fund. The Bengaluru-based company had previously raised $1.57 million from KITVEN and others. The proceeds will be used for R&D expenses to develop the ver 2.0 silicon chip and platform, as well as to increase its engineering talent and tech capabilities, Calligo said in a press release. Co-founded in 2012 by Anantha Kinnal, Rajaraman Subramanian, and Vinay N. Hebbali, Calligo Technologies focuses on developing products and solutions for HPC, Big Data, and AI workloads. The company aims to solve performance bottlenecks in computing required for large-scale modeling and simulations in HPC systems, as well as large-model training and inference in AI systems. CalligoTech says that it has modified RISC-V C/C++/gFortran/Python compilers, frameworks, and libraries to support Posits and generate Posit-enabled executables natively. Its approach requires no source-level modifications to run HPC/AI applications. According to market research, India’s semiconductor market was valued at $6.67 billion in 2024 and is expected to reach $14.09 billion by 2032, growing at a CAGR of 10.1% during the forecast period (2024–2032). In the last 12 months, CalligoTech claims it has collaborated with U.S. universities, national laboratories, and supercomputing centers to improve access to tech talent and soft-launch its operations in the U.S. The company has also built an accelerator board, received First Pass Silicon Ver 1.0, and started shipping to customers.

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SFAL-backed startups breaking barriers, creating cutting-edge products, says IT/BT Minister Priyank Kharge

Economic TimesEconomic Times · 1y ago
SFAL-backed startups breaking barriers, creating cutting-edge products, says IT/BT Minister Priyank Kharge
Medial

Three startups in Bengaluru, India, supported by the Semiconductor Fabless Accelerator Lab (SFAL) have developed innovative technologies in the field of fabless semiconductors. Calligo Technologies has created a semiconductor chip using POSIT technology, which offers improved accuracy and power consumption for various applications. Morphing Machines has developed Redefine, a reconfigurable processor catering to emerging workloads. AB Circuits and Research Labs (ABCRL) have created TireSynapse, an ASIC chip for tire monitoring with integrated Bluetooth. SFAL aims to support fabless semiconductor startups and has so far incubated 43 startups, creating high-skill job opportunities.

EON Space Labs bags $1.2 Mn in pre-Series A round

EntrackrEntrackr · 24d ago
EON Space Labs bags $1.2 Mn in pre-Series A round
Medial

EON Space Labs, a Hyderabad-based deeptech startup, specialising in imaging technologies, has raised $1.2 million (approx Rs 10.5 crore) in a pre-Series A funding round led by MGF Kavachh along with participation from HHV Advanced Technologies. The proceeds will be deployed to scale manufacturing of its AI-driven electro-optical and infrared payloads, expand the engineering team, and support upcoming product launches, EON said in a press release. Co-founded in 2022 by Sanjay Kumar, Punit Badeka, and Manoj Kumar Gaddam, EON Space Labs is an IIT Madras incubated deeptech startup developing next-generation Earth Observation (EO) imaging payloads for satellites, drones, and ground systems. The startup designs and manufactures miniaturised high-resolution electro-optic and infrared (EO/IR) systems that are up to three times lighter and more compact than conventional payloads, reducing deployment costs without compromising image quality. EON’s flagship products, the MIRA space telescope, which is under validation, and the LUMIRA EO/IR platform, which has been certified to military standards, showcase its vertically integrated model from optical design to in-house prototyping and manufacturing which ensures speed, precision, and control across the entire value chain. The startup is also building global partnerships to tap international markets, with multiple commercial orders already secured following successful proof of concept demonstrations. It plans to launch four new variants of its LUMIRA EO/IR imaging systems, designed for long-range detection of humans, vehicles, threats, and UAVs through drone and ground-based surveillance platforms.

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