Semiconductor startup InCore Semiconductors raises $3M from Sequoia

Chennai-based fabless-semiconductor startup InCore Semiconductors has raised $3 million in a seed funding round led by Sequoia Capital India.

The startup plans to use the raised funds to enhance its portfolio of Core-Hub generators and reference SoC (System-on-Chip) platforms aimed at multiple segments of the embedded chips space.

Founded in 2018 G S Madhusudan, Neel Gala, Gautam Doshi and Arjun Menon, InCore enables its customers with turnkey processor IP solutions for strategic industrial segments like automotive, industrial automation, and general electronics among others.

GS Madhusudan, CEO, InCore Semiconductors said, “InCore’s RISC-V processors are not just designed for India but for the world. With a scalable, configurable, and extensible methodology, InCore’s RISC-V processor IP solutions can cater to a wide range of applications, including embedded systems, IoT devices, and industrial controllers.”

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