BigEndian Semiconductors, a fabless semiconductor design startup, announced that it has raised $3 million in funding led by Vertex Ventures SEA & India, with participation from other strategic investors.
The funds will be used to expand the company’s engineering team, enhance research and development capabilities, and scale operations to meet the growing demand for advanced surveillance technology both in India and globally.
India’s semiconductor sector, despite hosting 20-25 percent of the world’s design talent, has historically lacked a significant global market presence. However, recent changes in the global supply chain and increasingly favorable policies encouraging indigenous semiconductor design are creating fertile ground for semiconductor innovation in India.
Sunil Kumar, Co-Founder and CEO of BigEndian, said in a statement, “This investment enables us to accelerate our journey to revolutionize the value chain with open, secure and collaborative technology. In addition to our SoCs, we are also building an advanced and truly Indian ecosystem with upstream and downstream innovations, which would be transformative in the nascent Indian semiconductor industry.”
This investment will accelerate BigEndian’s journey in building semiconductors from India to the world, including its upcoming surveillance system-on-chip (SoC) solution, and further drive the growth of India’s burgeoning semiconductor ecosystem.
Ben Mathias, Managing Partner at Vertex Ventures SEA & India, said: “The restructuring of electronics supply chains has provided a unique opportunity for India to become a global leader in semiconductors. We are excited to be a part of this macro trend, starting with our investment in BigEndian. Their approach to developing a surveillance SoC aligns perfectly with the growing demand for advanced security solutions globally, and the founding team has all the elements that point to BigEndian becoming a future leader in the global semiconductor industry.”
BigEndian’s founding team has decades of experience in semiconductor design and a track record of building multiple SoCs in India. The founders have extensive experience leading teams at major global organizations such as ARM, Intel, Broadcom, and Cypress, and at cutting-edge startups such as Beceem and Arcus.
First published: September 3, 2024 | 6:30 am IS
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