Home / Business and Economy / Vervesemi Secures $10M for AI Chip Innovation
Vervesemi Secures $10M for AI Chip Innovation
18 Feb
Summary
- Vervesemi raised $10 million in Series A funding.
- Funds will boost product commercialization and market expansion.
- The company targets industrial, smart energy, and avionics applications.
Vervesemi, a fabless semiconductor startup, has secured $10 million in a Series A funding round, co-led by Ashish Kacholia and Unicorn India Ventures, with participation from other investors. This funding marks a significant milestone for the company, enabling it to transition from technology validation to large-scale deployment.
The newly acquired capital will be strategically allocated to three core areas: accelerating the commercialization of its machine-learning-enabled integrated circuits for analogue signal chains, increasing the production of existing silicon chips, and expanding its go-to-market presence across India and international markets.
Vervesemi's innovative products target demanding applications in industrial sectors, smart energy systems, motor control for electric vehicles and drones, and avionics. The company has validated its ML-enabled analogue signal chain architecture in silicon and holds over 10 patents, demonstrating a strong pipeline of advanced technologies.
With design commitments in industrial and smart energy applications, Vervesemi is poised to scale its operations. The company has strengthened its engineering team, supply chain partnerships, and is progressing from technical engagements to design-in discussions with original equipment manufacturers and system companies globally.
