Noida-based fabless semiconductor startup Vervesemi just scored $10 Mn ($8.3 Mn equity + $1.7 Mn debt) in a Series A round to ramp up its product rollout.
The fresh funding came from marquee investors like Unicorn India Ventures, Ah! Ventures, LetsVenture, and angel heavyweights Ashish Kacholia and Sandeep Narang. It values the company at around $45Mn post-funding.
Founded in 2020 by Rakesh Malik, Co-founder and CEO and Pratap Narayan Singh, Co-founder and CTO, Vervesemi builds ML-powered analog/mixed-signal ICs that cut design time by 10x and costs by 50%. Their platform auto-generates production-ready designs for power management, battery tech, motor drivers, PMICs, and high-speed interfaces.
Rakesh Malik shared: “EDA tools haven’t evolved much in 30 years—designers still grind manually. Our ML-driven flow flips that, slashing time-to-market and costs.”
The funds will turbocharge commercialization of their ML suite, grow the team from 55 to 100+, and snag design wins across energy harvesting, 5G/6G, EVs, medtech, and industrial IoT.
India’s fabless chip scene is heating up as companies like Ather, Ola Electric, and boAt snapping up Vervesemi IP.
Singh added: “Our mission? Make analog IC design as easy as software. This funding fuels that vision.”
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