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InCore Semiconductors raises USD 3 million – EQ Mag

InCore Semiconductors raises USD 3 million – EQ Mag

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New Delhi : InCore Semiconductors has raised USD 3 million (over Rs 24 crore) in a funding round from Sequoia Capital India, marking the venture capital firm’s second semiconductor investment this year, according to a statement on Friday.

InCore Semiconductors is building RISC-V processor cores in India, and the latest investment was announced at IT Ministry’s ‘SemiCon India FutureDesign Roadshow’ at IIT-Delhi.

RISC-V is an open standard instruction set architecture (ISA). RISC-V is under royalty-free open-source licenses, unlike most other ISA designs.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network