<ul><li>Bengaluru-based AGNIT Semiconductors has raised $3.5 Mn in a seed funding round led by 3one4 Capital and Zephyr Peacock.</li><li>The funding will be used to promote its chips into volume production in the defence market and expand into consumer-focused use cases.</li><li>AGNIT Semiconductors specializes in Gallium Nitride (GaN) semiconductor technology and aims to sell 100,000 chips this year.</li><li>The Indian semiconductor sector is expected to become a $150 Bn market by 2030.</li></ul>

AGNIT Semiconductors Nets $3.5 Mn Led By 3one4 Capital

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