Semiconductor startup Mindgrove attracts $2.33 M led by Sequoia Capital India

Chennai-based semiconductor startup Mindgrove Technologies has attracted USD 2.325 million in seed funding led by Sequoia Capital India. Other investors who participated in the round include Speciale Invest and Whiteboard Capital, as well as angel investors Ashwini Asokan, CEO of Mad Street Den, and Nischay Goel, CIO of Duro Capital. Mindgrove is a player in microprocessor technology and designs System-on-Chips (SoCs). These can be leveraged in power-constrained environments such as industrial automation, automotive, consumer electronics, defense, security, and aviation. Founded in 2021, by Shashwath TR and Sharan Srinivas, Mindgrove is backed by IIT Madras Incubation Cell.