Funding

Netrasemi, a Kerala-based company developing Edge AI System-on-Chip (SoC) technology and part of the SFAL ecosystem, has raised ₹107 crore in venture capital funding, led by Zoho Corporation. The funding supports the company’s transition from early prototypes to production-ready silicon designed for global markets. Founded with a focus on enabling intelligent computing at the edge, Netrasemi is building AI-powered SoC platforms that deliver advanced analytics, low-latency processing, and power-efficient performance directly on devices. Scaling SoC Development and Market Reach The newly raised capital will be used to accelerate the development of multiple SoC variants with advanced AI capabilities, optimized for diverse computing requirements. In parallel, Netrasemi plans to expand manufacturing and marketing efforts, supporting wider adoption of its solutions across domestic and international markets. This phase reflects a shift from R&D-led development toward structured commercialization and scale. Strengthening India’s Edge AI Semiconductor Ecosystem Netrasemi’s growth reflects the broader momentum within India’s semiconductor and deep-tech ecosystem, where indigenous design capabilities, sustained investment, and ecosystem support are enabling globally relevant innovation. As an SFAL-associated startup, Netrasemi’s progress illustrates how ecosystem-led platforms support fabless semiconductor companies in advancing from concept and prototypes to production-grade silicon for global applications.

Morphing Machines, an SFAL-supported fabless semiconductor startup, has successfully raised INR 38.4 crore in its Series A funding round, marking a significant milestone in its journey to develop cutting-edge semiconductor solutions. The funding represents an important step toward the development of the company’s first chip, enabling deeper investment in core technology, silicon execution, and product validation. With this capital, Morphing Machines also plans to expand its talent pool from 50 to nearly 90 professionals, strengthening capabilities across chip design, engineering, and system development. Founded with a focus on addressing next-generation compute and performance challenges, Morphing Machines is building innovative processor and system-level solutions tailored for emerging applications. The company operates at the intersection of advanced semiconductor architecture and practical deployment, with an emphasis on efficiency, scalability, and performance. Read more.

Cablesmith, a Bengaluru-based telecom technology startup and part of the SFAL startup ecosystem, has secured investment support from the IIITB COMET Foundation for Rs. 50 Lakh as seed capital. This will help accelerate the growth of its Smart Optical Cable Management Platform. This milestone marks a significant step toward enabling intelligent, automated, and scalable fiber network infrastructure. Founded by Muhummad Rameesh and team, Cablesmith is focused on addressing some of the most persistent challenges in telecom and fiber networks, manual operations, limited visibility, and inefficient cable management. The investment support from IIITB COMET Foundation will help Cablesmith strengthen product development, expand deployments, and scale its solution for broader industry adoption. By bringing automation and intelligence into optical cable management, the startup is contributing to a more resilient and future-ready telecom ecosystem. Read more now

Sophrosyne Technologies, a Bengaluru-based semiconductor startup and part of the SFAL (Semiconductor Fabless Accelerator Lab) ecosystem, has raised $2 million in seed funding led by Bluehill.VC, following a $1.2 million grant from the Ministry of Electronics and Information Technology (MeitY) under the DLI scheme. Founded by Manish Srivastava and Jatin Gupta, Sophrosyne Technologies is working at the intersection of semiconductor design and healthcare, developing high-accuracy biosensing system-on-chip (SoC) solutions for applications such as ECG, temperature monitoring, and other physiological signals. From Prototype Silicon to Global Readiness With this combined support from government programs such as DLI/C2S and private venture capital, Sophrosyne is now moving beyond prototype silicon toward large-scale product development and validation. The funding enables the startup to strengthen its design architecture, enhance testing and verification, and prepare its solutions for engagement with global OEMs. Access to this capital also opens doors to world-class semiconductor architectures and design methodologies, allowing Sophrosyne to build robust, scalable SoCs that meet international performance, quality, and compliance standards. Enabling the Future of Wearable Health Devices Sophrosyne’s biosensing SoCs are poised to play a key role in the rapidly growing wearable health devices market, where accuracy, power efficiency, and reliability directly impact clinical relevance and user trust. By enabling precise real-time monitoring of vital parameters, the company’s technology has the potential to support early detection, continuous health tracking, and data-driven healthcare outcomes. Strengthening the SFAL Startup Ecosystem As an SFAL-supported startup, Sophrosyne Technologies’ progress highlights the impact of ecosystem-led acceleration, where policy support, technical mentorship, and industry partnerships come together to enable deep-tech innovation. This milestone reinforces SFAL’s mission to support fabless semiconductor startups as they scale from innovation to market-ready solutions, driving indigenous technology development while building globally competitive semiconductor capabilities from India.