Bengaluru-based AGNIT Semiconductors has raised $2.6 million (around Rs 24 crore) in an extension of its seed funding round led by Shastra VC, with participation from existing investors 3one4 Capital and Zephyr Peacock.
The brand had previously raised $3.5 million in its seed round in 2024. Overall, the startup has raised over $7 million in funding to date.
The proceeds will be used to scale production to 1 lakh gallium nitride (GaN) components over the next two years and expand into telecom infrastructure and high-efficiency power semiconductor…

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