Bengaluru-based semiconductor startup Calligo Technologies has raised $1.1 million in a pre-Series A funding round, co-led by Seafund and Artha Venture Fund. The latest round adds to the $1.57 million previously secured from KITVEN and other investors.
The fresh capital will be directed towards research and development for its upcoming version 2.0 silicon chip and platform, alongside expanding its engineering and tech talent.
Founded in 2012 by Anantha Kinnal, Rajaraman Subramanian, and Vinay N. Hebbali, Calligo Technologies specializes in high-performance computing (HPC), Big Data, and AI workloads.
Calligo addresses performance bottlenecks in large-scale simulations and AI systems through its Posit arithmetic-based tools, including modified RISC-V compilers and libraries that run applications without source-code changes.
In the past year, it has partnered with U.S. universities and supercomputing centers, soft-launched in the U.S., built an accelerator board, completed First Pass Silicon Ver 1.0, and begun customer shipments.
The funding comes at a time when India’s semiconductor market is on a growth trajectory. Valued at $6.67 billion in 2024, the market is projected to reach $14.09 billion by 2032, growing at a CAGR of 10.1%, according to recent market research.
