HrdWyr has closed its $13 million Series A funding round, led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital, and Persistent Systems. The capital will accelerate development of the company’s AI-native System-on-Chip (AISoC) products and expand customer engagements across key global markets.
HrdWyr is rethinking semiconductor design for an AI-driven world. The company builds proprietary, AI-native chips from the ground up, operating on the belief that conventional, general-purpose architectures can no longer handle today’s data-intensive demands at the edge.
HrdWyr’s AISoCs are purpose-built for specific industries, delivering intelligent edge processing, superior power efficiency, minimal latency, and streamlined system design. At the heart of this is the company’s vision of True Edge Autonomy (TEA), powered by an agentic AI stack engineered with Reinforced Learning (RL) to unlock the full performance potential of its AISoCs.
Operating as a full-stack, fabless semiconductor product company, HrdWyr stands apart from traditional IP licensing or services-led models. As one of India’s early AI-native chip companies with a global focus, it designs end-to-end semiconductor products for worldwide markets.
By embedding AI directly into the chip architecture, HrdWyr enables intelligence to operate right where data is generated allowing devices to sense, learn, and respond in real time. This approach is especially valuable for high-volume, cost-sensitive markets where efficiency and responsiveness trump raw compute power.
The company recently announced a strategic collaboration with boAt, marking early validation of its approach in the consumer technology segment.
The team has been at the forefront of technology transitions spanning nearly four decades from 1 micron (1000 nm) to nearly 1nm today.
They’ve designed and delivered chips across wireless, networking, compute, automotive, storage, and industrial verticals, with dozens of successful tape-outs and hundreds of products shipped globally.
Their work is stated to have helped build several multi-billion-dollar businesses. With deep operational experience across India, the US, APAC, Israel, and Europe, the team can architect solutions for complex, real-world environments and work closely with customers to deliver tailored, high-impact innovations.
Leadership Comments
Commenting on the fundraise, Ramamurthy Sivakumar, Founder and CEO, HrdWyr, said, “The real power of AI will be unlocked as we enter the era of Physical AI, where advanced intelligence seamlessly integrates with real-world systems. This inflection point demands a fundamental rethinking of how computing systems are conceived, architected, and deployed. It calls for a structural reset of the semiconductor stack, with IP and products designed for AI processing from first principles, not as an afterthought. We encapsulate these ideas under the TEA framework. At HrdWyr, we don’t just build chips, we partner with our customers to solve domain-specific challenges and enable them to lead this transition to Physical AI, rather than simply adapt to it.”
Naganand Doraswamy, Managing Partner and Founder, Ideaspring Capital, said, “HrdWyr is building a family of AI chips addressing power management and efficiency across multiple sectors, including white goods, EVs and data centres. This is very important to Ideaspring’s thesis of building products from India for the world and also becoming self-reliant in semiconductors. We are proud to partner with Siva, Ganesh, and their team, who have decades of experience in the semiconductor space. We look forward to partnering with them in the endeavour.”
Dr. Anand Deshpande, Founder, Chairman, and Managing Director, Persistent Systems, said, “AI-led transformation is driving a fundamental shift in how the technology stack is built, with increasing convergence between semiconductors, data and intelligent software systems. Innovations in chip design will play a critical role in enabling next-generation enterprise and industrial applications. Our investment in HrdWyr reflects this direction and aligns with Persistent’s focus on AI-led, software-driven engineering. As these innovations scale, we see opportunities to contribute across the value chain, from data and platform engineering to embedded and enterprise systems. We believe HrdWyr is well-positioned to build globally relevant products from India, and we are pleased to support their growth journey.”
“HrdWyr’s focus on intelligent, energy-efficient systems and deep IP ownership, rather than generic compute, is differentiated. Through purpose-built AI-native chips (AISoC), HrdWyr enables Indian OEMs to de-risk supply chains, shorten product launch cycles, strengthen data sovereignty, and unlock new usage intelligence. The team’s multi-decade global semiconductor execution experience and strong ecosystem relationships are reflected in their rapid, capital-efficient progress from concept to tape-out and wafer-out, alongside customer design partnerships with boAt. Avatar is excited to partner closely as co-builders,” said Rajiv Gupta, Partner, Avatar Growth Capital (AGC).
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