Semiconductor startup Calligo Technologies has raised $1.1 million in a pre-Series A round led by Seafund and Artha Venture Fund.
The Bengaluru-based company plans to use the funds to develop version 2.0 of its Posit-based silicon chip, expand its engineering team, and build partnerships with system integrators, original equipment manufacturers (OEMs), and original design manufacturers (ODMs).
Founded by Anantha Kinnal, Rajaraman Subramanian, and Vinay N Hebbali, Calligo Technologies builds products and solutions for high-performance computing (HPC), big data, and artificial intelligence (AI) workloads. The company aims to solve the performance bottlenecks of computing needed for large-scale modelling and simulations in HPC systems and large-model training and inference needed in AI systems.
Calligo Tech said its chip, built using a number representation system called Posit, can improve computing speed and energy efficiency. Over the past year, the company has partnered with universities, national labs, and supercomputing centres in the US and has begun soft-launching operations there.
“Insatiable demand for computing for HPC/AI has thus far been addressed by adding more and more hardware, without addressing computing efficiency at grass-root levels,” said Kinnal, cofounder and CEO of Calligo Tech.
“Posit is a game-changing invention for real-number representation, as it tackles this issue by enabling the use of fewer computing bits for the same or improved mathematical accuracy, higher energy efficiency, and an increase in dynamic range.”
According to Custom Market Insights, India’s semiconductor market was valued at $6.67 billion in 2024 and is projected to reach $14.09 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.1%.
“In the last three to six months, the rate at which computing resources are being consumed, across all these platforms like ChatGPT, Perplexity, or Llama AI, the need for faster silicon has never been more than that in the past. The positive about that is there is a huge market for semiconductors, which is continuously growing. The challenge with that is that the demand for power seems to be outpacing a lot of our infrastructure today,” said Narendra Bhandari, general partner, Seafund.
The Bengaluru-based company plans to use the funds to develop version 2.0 of its Posit-based silicon chip, expand its engineering team, and build partnerships with system integrators, original equipment manufacturers (OEMs), and original design manufacturers (ODMs).
Founded by Anantha Kinnal, Rajaraman Subramanian, and Vinay N Hebbali, Calligo Technologies builds products and solutions for high-performance computing (HPC), big data, and artificial intelligence (AI) workloads. The company aims to solve the performance bottlenecks of computing needed for large-scale modelling and simulations in HPC systems and large-model training and inference needed in AI systems.
Calligo Tech said its chip, built using a number representation system called Posit, can improve computing speed and energy efficiency. Over the past year, the company has partnered with universities, national labs, and supercomputing centres in the US and has begun soft-launching operations there.
“Insatiable demand for computing for HPC/AI has thus far been addressed by adding more and more hardware, without addressing computing efficiency at grass-root levels,” said Kinnal, cofounder and CEO of Calligo Tech.
“Posit is a game-changing invention for real-number representation, as it tackles this issue by enabling the use of fewer computing bits for the same or improved mathematical accuracy, higher energy efficiency, and an increase in dynamic range.”
According to Custom Market Insights, India’s semiconductor market was valued at $6.67 billion in 2024 and is projected to reach $14.09 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.1%.
“In the last three to six months, the rate at which computing resources are being consumed, across all these platforms like ChatGPT, Perplexity, or Llama AI, the need for faster silicon has never been more than that in the past. The positive about that is there is a huge market for semiconductors, which is continuously growing. The challenge with that is that the demand for power seems to be outpacing a lot of our infrastructure today,” said Narendra Bhandari, general partner, Seafund.
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