Funding · AI & Deep Tech
Sensesemi raises ₹25 crore seed round
By Startup Enthusiast ·
- Date
- Company
- Sensesemi Technologies
- What it does
- Fabless edge-AI semiconductor startup
- Kind
- Funding
- Amount
- ₹25 crore
- Stage
- seed
- Founded
- 2014
- Sector
- AI & Deep Tech
What they do
Sensesemi builds edge-AI chips for industrial IoT, automotive and medical devices
What happened
It raised ₹25 crore ($2.75M) in seed funding led by Piper Serica
Why it matters
The company plans its first chip tape-out in Q1 2026 and commercial production by Q1 2027
The details
- Sensesemi Technologies has raised ₹25 crore (about $2.75 million) in a seed round.
- The round was led by Piper Serica, a venture capital firm.
- Participating investors include LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC, Whitepine Investments, and Jain Oncor.
- Angel investors REAN Foundation, Niraj Shah, and Deepak Khanna also joined the round.
- The company is DLI-approved under the Design Linked Incentive scheme of the India Semiconductor Mission.
- The funds will be used for chip tape-outs, reference design creation, engineering team expansion, and strategic partnerships.
- Sensesemi plans to work with TSMC as its fab partner and outsource testing and packaging to domestic OSAT players like Kaynes Technologies.
The bigger picture
- Indian semiconductor startups raised about $50 million in 2025, up 89% from $28 million in 2024.
- The government approved four new semiconductor projects worth ₹4,584 crore under the India Semiconductor Mission.
- The global edge-AI chipset market is projected to reach 5–7 billion units annually by 2030.
- The India semiconductor market is expected to cross $100 billion by 2030.
About the business
- Sensesemi is a fabless semiconductor startup (it designs chips but does not manufacture them itself).
- It builds integrated edge-AI SoCs (system-on-chips) that combine AI inferencing, wireless mesh connectivity, and precision analog signal processing on a single chip.
- Target sectors include industrial IoT, automotive, and medical devices.
- Applications include predictive maintenance, vision-based quality checks, environmental monitoring, multi-sensor ADAS, driver monitoring, predictive diagnostics, cardiac monitoring, neurostimulation, and smart drug delivery.
- The company is also developing an analog AI inference processor for battery-operated and implantable devices.
What happens next
- First chip tape-out planned for Q1 2026.
- Second test chip planned for Q3 2026.
- Commercial production targeted for Q1 2027.
- Funds will be used for chip tape-outs, reference design creation, engineering team expansion, and strategic partnerships with device manufacturers and ODMs.
- Exploring partnerships with Kaynes Technologies for testing and packaging in India.
The deal
- Type
- seed
Investors
- Piper Serica (lead) — A venture capital firm; founder and fund manager Abhay Agarwal commented on the investment.
- LetsVenture Angel Fund (participated)
- Sun Icon Ventures (participated)
- MyAsiaVC (participated)
- Whitepine Investments (participated)
- Jain Oncor (participated)
- REAN Foundation (angel)
- Niraj Shah (angel)
- Deepak Khanna (angel)
Founders
- Vijay Muktamath, Founder & CEO
- Namit Varma, Co-founder & Head of Engineering
About Sensesemi Technologies
- Product
- approved fabless semiconductor startup
- Customers
- Device manufacturers and original design manufacturers building industrial IoT, automotive, and medical hardware.
- How it makes money
- Sells proprietary semiconductor chips and licenses silicon design intellectual property.
- What sets it apart
- Integrates AI inferencing, wireless mesh connectivity, and precision analog sensing onto a single ultra-low-power chip.
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