Bengaluru-based semiconductor startup Calligo Technologies has raised $1.1 Mn (around INR 9.4 Cr) in a Pre-Series A funding round co-led by Seafund and Artha Venture Fund.
The startup plans to use the fresh capital to build its second version of silicon chip, expand engineering talent and foster partnerships with system integrators and OEMs/ODMs.
Founded by Anantha Kinnal, Rajaraman Subramanian and Vinay N Hebbali in 2012, CalligoTech develops hardware and software products for high performance computing (HPC), big data and AI workloads.
The company focuses on solving performance bottlenecks in computing needed for large-scale modeling and simulations in HPC systems.
“Insatiable demand for computing for HPC/AI has thus far been addressed by adding more and more hardware, without addressing computing efficiency at grass-root levels,” Kinnal said.
(The story will be updated soon)
The post appeared first on .
You may also like
The Masters: Rory McIlroy embraces greatness at Augusta National
Arsenal news: Gunners given injury boost as Real Madrid star sends warning
This is what Avika Gor's perfect day off looks like
Axar Patel slapped fine of Rs 12 lakh for DC's slow over-rate against MI
Popular Kannada comedy star Bank Janardhan passes away at 75