InCore Semiconductors, an Indian fabless-semiconductor startup, has secured $3 million in seed funding from Sequoia Capital India. Specializing in RISC-V based processor solutions, the company plans to utilize the investment to bolster its portfolio of Core-Hub generators and reference SoC platforms aimed at diverse segments of the embedded chips market. InCore’s scalable and configurable RISC-V processor IP solutions cater to various applications, including embedded systems, IoT devices, and industrial controllers, positioning India as a significant player in the global semiconductor industry.
CEO G S Madhusudan highlighted InCore’s commitment to offering world-class RISC-V processors, contributing to India’s emergence as a key contender in the competitive semiconductor market. In collaboration with its partner network, InCore is pioneering a series of RISC-V platforms named InSoCs for different embedded verticals, aiming to lower the entry barrier for customers seeking rapid, battle-tested solutions in their markets. This initiative aligns with the Indian government’s efforts to foster OEM/ODM-like entities under the Indian Semiconductor Mission.
Sequoia India’s Managing Director Mohit Bhatnagar expressed excitement about partnering with InCore, emphasizing the opportunity for Indian chip design companies to set global benchmarks for reliability and performance. Recognizing InCore’s expertise and the success of Project Shakti at IIT Madras, Bhatnagar highlighted the team’s caliber and audacious mission, affirming Sequoia’s commitment to supporting InCore on its journey. Established in 2018, InCore Semiconductors aims to continue its significant contributions to the semiconductor industry with this new funding. For more details, refer to the original article below.
