Other Private Equity/Strategic Investments
AI compute solutions provider Agrani Labs in talks to raise $100-M
Bengaluru-based Agrani Labs is looking to raise $100-M from investors including Qualcomm and Battery Ventures. Existing investor Peak XV is expected to contribute about $20-M to the round on a pro-rata basis. The potential valuation for the firm is projected to be in the range of $400-M to $500-M during the current fundraising process.Founded in 2025 by former Intel and AMD executives Dheemanth Nagaraj, Ashok Jagannathan, and Rajesh Vivekanandham, the company develops AI inference chips compatible with CUDA (Compute Unified Device Architecture). The company plans to use the fresh capital to further its research and development efforts in the semiconductor space.
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