InCore Semiconductors raises $3 million in funding from Sequoia Capital

InCore Semiconductors, a fabless-semiconductor startup, said on Friday it has raised $3 million in funding from Sequoia Capital India. InCore will use the funds raised to enhance its portfolio of core-hub generators and reference system-on-chip platforms aimed at multiple segments of the embedded chips space.

“InCore’s RISC-V processors are not just designed for India but for the world. With a scalable, configurable and extensible methodology, the processor’s IP solutions can cater to a wide range of applications,” InCore Semiconductors chief executive G S Madhusudhan said in a release.

“By offering world-class RISC-V processors, InCore is contributing to the global semiconductor industry and making India a key player in this highly competitive market,” he said.

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“InCore’s team has sowed the seeds of India’s dream for indigenous processors with Project Shakti at IIT Madras and are well-renowned experts in the R&D and industrial corridors. We are excited to partner with them on this journey,” Sequoia India managing director Mohit Bhatnagar said.

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