AI semiconductor startup Agrani Labs raises $8 Mn led by Peak XV

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Bengaluru-based Agrani Labs, an AI semiconductor startup founded by former Intel and AMD executives, has come out of stealth and raised $8 million in seed round led by Peak XV Partners with participation from angel investors.

The proceeds will be used to scale engineering efforts and advance product development as Agrani Labs works towards building globally competitive AI compute solutions from India.

Founded by Dheemanth Nagaraj, Ashok Jagannathan, Srikanth Nimmagadda and Rajesh Vivekanandham, Agrani Labs is working on building a high-performance AI…



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AI semiconductor startup Agrani Labs raises $8 Mn led by Peak XV


Bengaluru-based Agrani Labs, an AI semiconductor startup founded by former Intel and AMD executives, has come out of stealth and raised $8 million in seed round led by Peak XV Partners with participation from angel investors.

The proceeds will be used to scale engineering efforts and advance product development as Agrani Labs works towards building globally competitive AI compute solutions from India.

Founded by Dheemanth Nagaraj, Ashok Jagannathan, Srikanth Nimmagadda and Rajesh Vivekanandham, Agrani Labs is working on building a high-performance AI…



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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