The funding round was led by Shastra VC, with participation from existing backers 3one4 Capital and Zephyr Peacock
With the fresh capital, AGNIT plans to scale production to 1 Lakh gallium nitride (GaN) components over the next two years
The startup previously raised $3.5 Mn in its seed funding round in 2024, with plans to scale up its production and expand commercial operations
Bengaluru-based AGNIT Semiconductors has raised $2.6 Mn (around ₹24 Cr) in an extension of…

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