Semiconductor Startup BigEndian Bags $3 Mn To Build SoC Solutions For Surveillance Cameras

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SUMMARY

BigEndian’s seed funding round was led by Vertex Ventures SEA & India and saw participation from other strategic investors

The funds will be used to accelerate the startup’s journey to build semiconductors from India to the world, which includes its upcoming surveillance system-on-chip (SoC) solution

Founded in early 2024 BigEndian is building semiconductor solutions in the surveillance vertical. Its first SoC is being built for surveillance cameras for enterprise and consumer applications

Fabless semiconductor startup BigEndian Semiconductors has raised $3 Mn (about INR 25.2 Cr) in its seed funding round led by Vertex Ventures SEA & India, with participation from other strategic investors.

The funds will be used to accelerate BigEndian’s journey in building semiconductors from India to the world, which includes its upcoming surveillance system-on-chip (SoC) solution, the startup said.

Founded in early 2024 by Sunil Kumar, Renuka Prasad, Harpreet Wadhawan, Dinesh Annayya, Kanagaraju Ponnusamy, and Jansen Cheng, BigEndian is building semiconductor solutions in the surveillance vertical. Its first SoC is being built for surveillance cameras for enterprise and consumer applications.

Kumar, cofounder and CEO of BigEndian, told Inc42 that the startup is engaging with original equipment manufacturers (OEMs) and original design manufacturers (ODMs) in India to ensure that its chipsets are truly built as a ‘Make in India’ product for the globe.

“To ensure that our business model is successful, we are hoping to engage with specific electronics manufacturing services (EMS) partners, design partners, and software system integrators that can provide an end-to-end solution for application verticals of surveillance cameras – be it traffic, railways, defence, and other specific use cases within retail and non-retail,” said Kumar.

Bengaluru-based BigEndian’s founding team has decades of experience in semiconductor design and a track record of building multiple SoCs out of India. The founders claim to have experience of leading teams in the top global semiconductor firms, including ARM, Intel, and Broadcom.

Ben Mathias, managing partner at Vertex Ventures SEA & India, said in the statement that the realignment of electronics supply chains has provided a rare opportunity for India to become a global leader in semiconductors. 

“Their (BigEndian’s) approach to developing a surveillance SoC aligns perfectly with the growing demand for advanced security solutions globally and the founding team has all the elements that point to BigEndian becoming a future leader in the global semiconductor industry,” Mathias said.

The development comes at a time when a number of Indian startups, including Netrasemi, Sensesemi, and Cientra, among others, are trying to make a mark in the global semiconductor space with their SoCs. 

As per Inc42’s analysis, the Indian semiconductor market is expected to reach a size of $150 Bn by 2030, up from $33 Bn in 2023, while the global market opportunity is expected to be worth $1 Tn by the same time.





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Semiconductor Startup BigEndian Bags $3 Mn To Build SoC Solutions For Surveillance Cameras


SUMMARY

BigEndian’s seed funding round was led by Vertex Ventures SEA & India and saw participation from other strategic investors

The funds will be used to accelerate the startup’s journey to build semiconductors from India to the world, which includes its upcoming surveillance system-on-chip (SoC) solution

Founded in early 2024 BigEndian is building semiconductor solutions in the surveillance vertical. Its first SoC is being built for surveillance cameras for enterprise and consumer applications

Fabless semiconductor startup BigEndian Semiconductors has raised $3 Mn (about INR 25.2 Cr) in its seed funding round led by Vertex Ventures SEA & India, with participation from other strategic investors.

The funds will be used to accelerate BigEndian’s journey in building semiconductors from India to the world, which includes its upcoming surveillance system-on-chip (SoC) solution, the startup said.

Founded in early 2024 by Sunil Kumar, Renuka Prasad, Harpreet Wadhawan, Dinesh Annayya, Kanagaraju Ponnusamy, and Jansen Cheng, BigEndian is building semiconductor solutions in the surveillance vertical. Its first SoC is being built for surveillance cameras for enterprise and consumer applications.

Kumar, cofounder and CEO of BigEndian, told Inc42 that the startup is engaging with original equipment manufacturers (OEMs) and original design manufacturers (ODMs) in India to ensure that its chipsets are truly built as a ‘Make in India’ product for the globe.

“To ensure that our business model is successful, we are hoping to engage with specific electronics manufacturing services (EMS) partners, design partners, and software system integrators that can provide an end-to-end solution for application verticals of surveillance cameras – be it traffic, railways, defence, and other specific use cases within retail and non-retail,” said Kumar.

Bengaluru-based BigEndian’s founding team has decades of experience in semiconductor design and a track record of building multiple SoCs out of India. The founders claim to have experience of leading teams in the top global semiconductor firms, including ARM, Intel, and Broadcom.

Ben Mathias, managing partner at Vertex Ventures SEA & India, said in the statement that the realignment of electronics supply chains has provided a rare opportunity for India to become a global leader in semiconductors. 

“Their (BigEndian’s) approach to developing a surveillance SoC aligns perfectly with the growing demand for advanced security solutions globally and the founding team has all the elements that point to BigEndian becoming a future leader in the global semiconductor industry,” Mathias said.

The development comes at a time when a number of Indian startups, including Netrasemi, Sensesemi, and Cientra, among others, are trying to make a mark in the global semiconductor space with their SoCs. 

As per Inc42’s analysis, the Indian semiconductor market is expected to reach a size of $150 Bn by 2030, up from $33 Bn in 2023, while the global market opportunity is expected to be worth $1 Tn by the same time.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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