Fabless startup Sensesemi raises Rs 25 crore to build edge-AI chips – The Economic Times

The Economic Times


Bengaluru-based fabless semiconductor startup Sensesecmi Technologies has raised Rs 25 crore (about $2.75 million) in a seed round led by Piper Serica, with participation from LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC, White Pine Investments, and Jain Oncor. The round also saw backing from angel investors like REAN Foundation, Niraj Shah, and Deepak Khanna.

Sensesemi is building integrated edge-AI system-on-chips (SoCs) that combine AI inferencing, wireless mesh connectivity, and precision analogue signal processing on a single chip.

“As the name suggests, we work on sensing semiconductors. There are a lot of sensors in the world today, but there is no intelligence at the sensor node itself. That is where we come in, bringing intelligence directly to the sensor node,” Vijay Muktamath, founder and CEO of Sensesemi, told ET.

Muktamath said the company’s focus is on integrating AI and wireless capabilities at ultra-low power. In sectors such as healthcare, automotive, robotics, and industrial IoT, power consumption is a key constraint as most devices are battery-operated, he said.

The startup is planning its first chip tape-out this quarter, a process where the final chip design is sent to a fabrication plant for physical manufacturing. Commercial production is targeted for the first quarter of next year, and a second test chip is planned for the third quarter of this year.

Looking at the market opportunity, Muktamath said the company expects close to 30 billion connected devices globally by 2030, including sensors and other endpoints. “Of these, only about 8-10 billion currently have intelligence built in, leaving significant headroom for edge AI adoption,” he said.