Maieutic Semiconductor Secures $4.15M to Revolutionize Chip Design with AI
Bengaluru-based Maieutic Semiconductor raises USD 4.15 million, co-led by Endiya Partners and Exfinity Venture Partners. The startup aims to enhance chip design using generative AI. With this funding, Maieutic plans to expand its engineering team for quicker market entry. Led by seasoned entrepreneurs, the team boasts over 70 patents.
- Country:
- India
Maieutic Semiconductor, a deep tech startup located in Bengaluru, has successfully raised USD 4.15 million in a funding round co-led by prominent investors Endiya Partners and Exfinity Venture Partners, according to a statement from the company on Thursday.
Focusing on the integration of generative AI into chip design workflows, the startup is poised to transform industry standards. CEO Gireesh Rajendran expressed the company's excitement over the new financial support, highlighting the strategic partnership with investors who are committed to their innovative vision.
With this fresh injection of funds, Maieutic Semiconductor plans to expand its engineering team and accelerate its platform's market readiness. The founding team, composed of industry veterans with vast experience in semiconductor design and AI systems, collectively possesses over 70 patents and has seen global success with product deliveries exceeding a billion units.
(With inputs from agencies.)
Google News