Kerala-based semicon startup Netrasemi has secured ₹107 crore in a Series A funding round led by Zoho Corporation Ltd and Unicorn India Ventures.
According to a press release, Netrasemi will use the funds to accelerate research and development, expand manufacturing capabilities, enhance marketing to grow its domestic and global market presence, and launch four system-on-chip (SoC) variants with advanced AI and video analytics features to meet the computing needs of OEMs.
Jyothis Indirabhai, Sreejith Varma, and Deepa Geetha founded the semiconductor startup in 2020 as an Indian Edge AI company focused on developing SoCs that provide efficient computing for next-generation smart IoT devices. The startup specializes in handling complex tasks like video processing by enabling AI-powered analytics directly on devices—eliminating reliance on cloud or server-based computation.
Netrasemi’s proprietary technology includes an energy-efficient neural processing unit (NPU) and a robust library of in-house silicon IPs. The semicon startup also aims to double its current team of 83 engineers to 166 and broaden its reach into sectors such as surveillance, industrial robotics, smart home devices, smart cities, and retail.
