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

Entrackr · 12d

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.