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Mindgrove Technologies Secures $8 Million Series A Funding Led by Rocketship.vc and Speciale Invest

  • Fabless semiconductor design startup Mindgrove Technologies has raised $8 million in its Series A funding round.
  • The funding round was co-led by Rocketship.vc and Speciale Invest, with participation from other investors.
  • Mindgrove plans to use the funding to expand its workforce, enhance engineering capabilities, and accelerate production and sales of its chip.
  • The company has also received approval under the Government of India's semiconductor Design Linked Incentive (DLI) scheme.

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