Morphing Machines Bags $2.76 Mn In Seed Round Led By Speciale Invest
The company aims to democratize semiconductor design, making high-performance, custom silicon accessible and affordable globally
Morphing Machines, a fabless semiconductor startup, today raised USD 2.76 million seed funding round led by Speciale Invest, a seed stage VC investing in deep technologies.
The round also saw participation from IvyCap Ventures, Golden Sparrow, Navam Capital, CIIE Initiatives, and DeVC. The latest funding will accelerate product development and prototyping, expand the engineering team, and support go-to-market initiatives, allowing Morphing Machines to advance its innovative technology.
“We are thrilled to have savvy deep-tech investors who bring strategic support, networks, and go-to-market assistance to the table. With this round, we will continue to drive our technology forward and prove our solution for our beachhead markets in AI-ML inferencing, data centres, and computational finance, where latency is critical” said Deepak Shapeti, CEO of Morphing Machines.
Vishesh Rajaram, Managing Partner, Speciale Invest, expressed enthusiasm about the partnership, stating, "We are thrilled to lead this investment in Morphing Machines, a company that exemplifies the innovative potential within India's burgeoning semiconductor industry. With robust government support and initiatives like the Design Linked Incentive (DLI) and Chips2Startup (C2S) schemes, the focus on developing indigenous technologies is stronger than ever. The industry is poised for significant growth, and Morphing Machines' pioneering technology and exceptional team are at the forefront of this transformation. Their advancements in accelerated computing not only promise to disrupt the market but also highlight India's emerging role as a key player in the global semiconductor landscape."
Currently, Morphing Machines has a team of over 20 members and is expanding to over 40 members to support design, verification, emulation, and tape-out processes. The company aims to democratize semiconductor design, making high-performance, custom silicon accessible and affordable globally. Ranjani Narayan, Co-Founder and CTO, said, “For the first time in India and globally, we have a processor that is truly runtime reconfigurable, catering to emerging workloads.”
