semiconductor / news / / The Economic Times
Agrani Labs, founded by former Intel and AMD executives, is aiming for a significant $100 million Series A funding.
Agrani Labs is aiming to raise a $100 million Series A round for AI inference chips.
KEY POINTS
- Their chips are designed to be compatible with Nvidia's CUDA software stack.
- The company is in investment talks with Qualcomm, Battery Ventures, and government entities.
- Peak XV intends to contribute $20 million to the round on a pro-rata basis.
- If successful, this would be the largest Series A round for an Indian semiconductor startup.
COMPANIES
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