<ul><li>Chennai-based Mindgrove Technologies has raised $8 million in a Series A funding round co-led by Rocketship.vc and Speciale Invest.</li><li>The funds will be used to expand Mindgrove’s workforce, boost its in-house engineering capabilities, and accelerate the production and sales of its first chip.</li><li>Mindgrove recently introduced Secure IoT, India’s first commercial-grade high-performance microcontroller SoC, and secured INR 15 crore under the Indian government’s Design Linked Incentive (DLI) scheme to develop Vision SoC.</li><li>The company plans to expand its team and solidify its position in India’s semiconductor landscape.</li></ul>

Chennai-based Mindgrove Technologies Raises $8 Million in Series A Funding

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