Get All Access for $5/mo

AlphaICs Bags $8 Mn In Series B Round Led By Emerald Technology Ventures and Endiya Partners The startup will utilize the fresh funds to tape-out the Gluon AI chip, develop the software stack and build system solutions for its target markets

By Debarghya Sil

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pradeep Vajram-CEO & Chairman, AlphaICs

Artificial Intelligence-driven AlphaICs announced raising of $8 million funding in its Series B round. Emerald Technology Ventures and Endiya Partners led the round along with the participation of existing investors such as ReBright Partners and 3One4 Capital, and others.

The company designs and develops high-performance AI Chips for Edge Computing.

The startup will be utilizing the fresh funds to tape-out the Gluon AI chip, develop the software stack and to build system solutions for its target markets.

Founded in 2016 by Pradeep Vajram and Prashant Trivedi, the startup develops edge inference and edge learning technologies to enable AI at the edge. The company claims that its next-generation AI architecture, called Real AI Processor (RAPTM), provides highest performance, low power, and minimal latency, thus enabling "best-in-class' edge AI inference processing.

Commenting on the investment, Michal Natora, investment director at Emerald Technology Ventures said, "The differentiated technology and the high calibre team led by Pradeep Vajram were two key criteria driving Emerald's investment."

"While NVidia, Google, and Startups like Graphcore are poised to dominate DataCenter AI, AlphaICs has the opportunity to be a market leader in enabling AI at the Edge," said Sateesh Andra, managing director with Endiya Partners added.

Pradeep Vajram, chairman and chief executive officer of AlphaICs said the funding will help them to bring their first inference co-processor to the market for vision applications with low latency requirements.

"We are also working with strategic partners to bring innovative solutions to the Industrial, Automotive, and Surveillance markets," he concluded.

Debarghya Sil

Entrepreneur Staff

Former Correspondent

Growth Strategies

AMD Confident About Increasing Market Share In India

The semiconductor company is positive about the business environment in India on the back of growing investments in data centers and AI, Cloud repatriation, as well as technology refresh taking place across companies on both server side and client devices


5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.

Data & Recovery

10 Smart Ways to Earn or Build Backlinks to Your Website

Ever heard of the "broken-link building method"? We hadn't, either. But it sure sounds useful.


ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

News and Trends

Indigrid Technology and Hour4u Raise Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.