Electronic design startup Elecbits raises $5.5 million in series A round led by Nexus Venture Partners

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Full-stack electronics design and manufacturing startup Elecbits has secured $5.5 million in a series A round led by Nexus Venture Partners, with participation from SE Ventures and Riverwalk Holdings.

The startup plans to use the capital to scale its AI-powered electronics engineering and manufacturing platform, and to expand its in-house design and manufacturing capabilities.

Founded in 2019 by Saurav Kumar Singh and Nikhil Rawat, Elecbits is building what it describes as the digital and physical infrastructure needed to make India a global…



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Electronic design startup Elecbits raises $5.5 million in series A round led by Nexus Venture Partners



Full-stack electronics design and manufacturing startup Elecbits has secured $5.5 million in a series A round led by Nexus Venture Partners, with participation from SE Ventures and Riverwalk Holdings.

The startup plans to use the capital to scale its AI-powered electronics engineering and manufacturing platform, and to expand its in-house design and manufacturing capabilities.

Founded in 2019 by Saurav Kumar Singh and Nikhil Rawat, Elecbits is building what it describes as the digital and physical infrastructure needed to make India a global…



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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