Bengaluru-based semiconductor startup Calligo Technologies has raised $1.1 Mn (around INR 9.4 Cr) in a Pre-Series A funding round co-led by Seafund and Artha Venture Fund.
The startup plans to use the fresh capital to build its second version of silicon chip, expand engineering talent and foster partnerships with system integrators and OEMs/ODMs.
Founded by Anantha Kinnal, Rajaraman Subramanian and Vinay N Hebbali in 2012, CalligoTech develops hardware and software products for high performance computing (HPC), big data and AI workloads.
The company focuses on solving performance bottlenecks in computing needed for large-scale modeling and simulations in HPC systems.
“Insatiable demand for computing for HPC/AI has thus far been addressed by adding more and more hardware, without addressing computing efficiency at grass-root levels,” Kinnal said.
(The story will be updated soon)
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