PE-VC Fund Investments
Semiconductor startup HrdWyr raises $13-M led by Ideaspring Capital
Bengaluru-based HrdWyr has raised USD 13 million (INR 124 crore) in a Series A funding round led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital and existing investor Persistent Systems.Founded in 2023 by industry veterans Ramamurthy Sivakumar and Guruswamy Ganesh, HrdWyr focuses on building end-to-end AI-native semiconductor products for global markets.The company plans to use the new funds to accelerate the development of its AI-native system-on-chip products and expand its customer engagements in global markets.
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