Semiconductor startup Sophrosyne Technologies has secured $2 Mn (approximately INR 17.7 Cr) in a seed funding round from early-stage venture capital firm Bluehill Capital. This investment comes soon after the company received a $1.2 Mn design-linked incentive (DLI) grant from the Ministry of Electronics and Information Technology (MeitY).
With this infusion of capital, Sophrosyne Technologies plans to speed up its shift from prototype silicon to full-scale commercial products, expand its silicon and firmware design teams, and scale early customer deployments in India and overseas.
Founded in 2022 by Manish Srivastava, Sophrosyne Technologies operates as a fabless semiconductor company working on multi-vital biosensing system-on-chip (SoC) solutions for digital health devices and wearables. The startup aims to integrate ECG, PPG, respiration, and temperature monitoring into a single, ultra-low-power silicon chip to enable compact and energy-efficient medical wearables.
The company’s flagship offering will serve as a semiconductor platform capable of high-precision, multi-vital tracking for medical-grade health monitoring applications.
Additionally, Sophrosyne is creating proprietary AI models for advanced signal processing, deep learning, and on-edge optimization to convert physiological data into actionable health insights.
Although Sophrosyne is still developing its technology, the company intends to supply its solutions to global original equipment manufacturers (OEMs) and device makers seeking integrated and cost-effective health monitoring technologies.
“We are moving toward production-grade silicon and early OEM rollouts. Having a deep-tech investor like Bluehill VC, backed by leaders such as Vinod Dham, Manu Iyer, and Sridhar Parthasarathi, gives us access to world-class semiconductor guidance that few startups can tap into,” Srivastava said.
The funding round arrives at a time when India’s semiconductor industry is rapidly expanding, driven by strong regulatory support.
A key driver of this momentum is the Indian Semiconductor Mission (ISM), which aims to support investments in chip design, display manufacturing, and semiconductor fabrication to strengthen India’s role in global electronics value chains.
Under the ISM, the government states that it has provided “design infrastructure support” to 278 academic institutions and 72 startups while training nearly 60,000 students in semiconductor fabrication.
Four years after launching the Indian Semiconductor Mission, Prime Minister Narendra Modi unveiled India’s first indigenous semiconductor chip—the Vikram 32-bit processor—developed by ISRO’s Semiconductor Laboratory (SCL) in collaboration with the Vikram Sarabhai Space Centre at Semicon India 2025.
Developers engineered the Vikram processor to operate reliably as a space-grade chip in extreme environmental conditions.
On the private sector side, the government has approved 10 semiconductor projects with a combined investment of INR 1.60 Lakh Cr, led by companies such as Micron, Kaynes, Tata Electronics, and SiCSem.
At the core of this activity lies India’s expanding semiconductor market, which will reach a $150 Bn opportunity by 2030.
