Semiconductor startup Calligo Technologies raised $1.1 M Pre-Series A funding
A pre-Series A round led by Seafund and Artha Venture Fund has raised $1.1 million for semiconductor startup Calligo Technologies.
In the past, the Bengaluru-based business has raised $1.57 million from KITVEN and other sources.
In addition to increasing its engineering talent and technological capabilities, the money will be utilized for research and development costs to create the ver 2.0 silicon chip and platform, according to a press release from Calligo.
Calligo Technologies, which was co-founded in 2012 by Anantha Kinnal, Rajaraman Subramanian, and Vinay N. Hebbali, specializes in creating goods and solutions for workloads involving AI, Big Data, and HPC. Large-scale modeling and simulations in HPC systems, as well as large-model training and inference in AI systems, require computing performance bottlenecks that the company seeks to address.
The RISC-V C/C++/gFortran/Python compilers, frameworks, and libraries have been altered by CalligoTech to support Posits and produce Posit-enabled executables natively. Its method runs HPC/AI applications without requiring source-level changes.
Market research estimates that the semiconductor market in India will grow at a compound annual growth rate (CAGR) of 10.1% from 2024 to 2032, from its 2024 valuation of $6.67 billion to $14.09 billion.
CalligoTech says it has worked with U.S. universities, national labs, and supercomputing centers over the past 12 months to soft-launch its operations in the U.S. and increase access to tech talent. Additionally, the business received First Pass Silicon Ver 1.0, constructed an accelerator board, and began shipping to clients.
