Mindgrove funding, investors and company details

Mindgrove is an emerging Information Technology - Hardware startup from Chennai, working in the space of Semiconductor company that designs high-performance, scalable system-on-chips for connected and intelligent devices. Founded by Shashwath T. R., Sharan Srinivas J..

Company: Mindgrove Technologies Private Limited
Sector: Information Technology - Hardware
Location: Chennai
Founders: Shashwath T. R., Sharan Srinivas J.
Total funding raised: ₹87.45 Cr

Company overview

Mindgrove is a fabless semiconductor company that designs high-performance, scalable system-on-chips for connected and intelligent devices. Its RISC-V-based microcontroller and SoC platforms are built for power-constrained environments, supporting use cases such as industrial automation, consumer electronics, automotive, and IoT hardware. The company focuses on secure, production-grade silicon that balances performance, cost efficiency, and energy efficiency, enabling device makers to localize critical chip components while accelerating time to market.

Funding rounds

Latest round (Series A): $ 8.00 Mn (₹68.44 Cr.), 2024-12-23. Investors: Rocketship.vc, Speciale Invest, Mela Ventures, Peak XV Partners, Nishchay Goel, Whiteboard Capital
Past round (Seed): $ 2.30 Mn (₹19.01 Cr.), 2023-02-24. Investors: Speciale Invest, Whiteboard Capital, Ashwini Asokan (Mad Street Den), Nischay Goel