Entrepreneur News Network

Spain’s Submer Group to Invest ₹19,000 Crore in Madhya Pradesh Semiconductor and Data Centre Ecosystem

Submer Group

Bhopal: Spain-based Submer Group has announced a ₹19,000 crore investment in Madhya Pradesh to develop semiconductor and data centre infrastructure, marking one of the state’s largest technology investments to date. The project is expected to generate nearly 5,000 direct employment opportunities while strengthening India’s rapidly growing semiconductor and digital infrastructure ecosystem. The announcement was made … Read more

Mindgrove Technologies Secures $8 Million Series A Funding to Advance Semiconductor Innovation

Sharan Srinivas J (CTO) and Shashwath TR (CEO), Mindgrove Technologies

Mindgrove Technologies, a Chennai-based fabless semiconductor design startup, has announced raising $8 million in its Series A funding round. The round was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures, Peak XV Partners, Nishchay Goel, Whiteboard Capital, and new investor Anshul Goel. Expanding Horizons with Fresh Capital The funds will be utilized … Read more

Semiconductor startup Mindgrove raises $2.35M in seed funding

A seed fundraising round led by Sequoia Capital India, Speciale Invest, and Whiteboard Capital raised $3.35 million for the semiconductor business Mindgrove technology, which was incubated at IIT Madras. Ashwini Asokan (Mad Street Den) and Nischay Goel, two individual investors, also took part in the round (Duro Capital). The deeptech business plans to add personnel … Read more