Funding · Government, Defense & Space
Vervesemi raises $10 Mn in Series A round
By Startup Enthusiast ·
- Date
- Company
- Vervesemi
- What it does
- Develops ASICs for sensors and wireless devices
- Kind
- Funding
- Amount
- $10 Mn (approx ₹90.7 Cr)
- Stage
- Series A
- Based in
- Noida
- Founded
- 2017
What they do
Vervesemi develops application-specific integrated circuits (ASICs) for sensors and wireless devices
What happened
It raised $10 Mn (approx ₹90.7 Cr) in Series A led by Ashish Kacholia and Unicorn India Ventures
Why it matters
The company holds 10 patents and five trade secrets, and serves space, defense, and industrial applications
The details
- Vervesemi has raised $10 Mn (approx ₹90.7 Cr) in a Series A funding round.
- The round was led by Ashish Kacholia and Unicorn India Ventures.
- Other participants include Roots Ventures, Caperize Fina, MAIQ Growth Scheme, and HNIs.
- The company will use the funds to accelerate commercialisation of its ML-enhanced analog signal chain IC portfolio.
- It will also fund production of existing silicon chips, hiring, IP portfolio expansion, and R&D in next-gen precision analog architectures.
- Additionally, Vervesemi plans to build go-to-market presence across Asia, US, and other key semiconductor markets.
The bigger picture
- Indian semiconductor startups raised about $50 Mn in 2025, up from over $28 Mn in 2024.
- C2i Semiconductors bagged $15 Mn earlier this week for AI computing power delivery solutions.
- The finance minister announced 'India Semiconductor Mission 2.0' in the Budget speech earlier this month.
About the business
- Vervesemi develops application-specific integrated circuits (ASICs) for sensors and wireless devices.
- It has two business verticals: Analog-RF ASIC-Data converters and Analog IPs.
- The company has developed over 140 semiconductor IP blocks and 25 IC product variants.
- It serves space, defense, industrial, motor control, and smart energy applications.
- New product additions include a motor control product line with precision sensing, control intelligence, and enhanced fault detection.
- It also offers bridge sensor interface chips for precision measurement and an avionics-grade multi-function controller platform with fail-safe mechanisms and adaptive error correction.
- Vervesemi holds 10 patents and five trade secrets.
- Its headquarters is in Noida, India, and it has two design centres in India.
What happens next
- Accelerate commercialisation of ML-enhanced analog signal chain IC portfolio.
- Fund production of existing silicon chips, hiring, IP portfolio expansion, and R&D in next-gen precision analog architectures.
- Build go-to-market presence across Asia, US, and other key semiconductor markets.
The deal
- Type
- Series A
Investors
- Ashish Kacholia (lead)
- Unicorn India Ventures (lead)
- Roots Ventures (participated)
- Caperize Fina (participated)
- MAIQ Growth Scheme (participated)
- HNIs (participated)
Founders
- Rakesh Malik, cofounder and CEO
- Pratap Narayan Singh, cofounder
About Vervesemi
- Product
- High-performance analog and mixed-signal IP and differentiated integrated circuits using ML-enabled architectures
- Customers
- Industrial, automotive, energy, and defense sectors requiring mission-critical analog signal processing
- How it makes money
- Fabless semiconductor company selling ASIC and analog IC products to global OEMs
- What sets it apart
- Machine learning-enhanced analog architectures improving reliability, yield, and system performance
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