T-Hub incubates 10 chip startups
Startups enrolled in 1st cohort of AIC T-Hub Semiconductor Programme have raised Rs 6 cr, with discussions for an additional Rs 3 cr funding currently underway
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Hyderabad T-Hub, India’s leading innovation hub and ecosystem enabler, on Friday announced the achievements of its first cohort of the AIC T-Hub Semiconductor Programme. With 10 innovative startups incubated and substantial funding raised, the success of the first cohort showcases the immense potential and opportunities within the semiconductor industry.
Startups enrolled in AIC T-Hub Semiconductor Programme have raised Rs 6 crore through grants and angel investments, with discussions for an additional Rs 3 crore funding currently underway.
Success stories arising from the first cohort include:
- Vasbeam Pvt Ltd developed the integrated Analog IC (Integrated Circuit) and fabricated it, for 5G and satellite communications.
- GreenPMU Semi developed an energy harvesting IC and is now ready for a multi-project wafer (MPW) semiconductor manufacturing.
- Vonix Technologies developed an FPGA based battery solution and grabbed a project from a processor company.
- Anscer Robotics received multiple pilots with Mahindra, Schindler and is setting up a production unit.
Rapture Innovation Labs received multiple orders overseas for its headphones powered by patented Hybrid Driver Acoustics technology.
Mahankali Srinivas Rao, CEO, T-Hub, said: “The success stories emerging from this program highlight the immense potential and opportunities in India's semiconductor industry. We are proud to be part of this transformative journey, supporting startups in their quest for innovation and growth. The accomplishments of these startups, coupled with the strategic collaborations and funding raised, demonstrate the strength and viability of the semiconductor ecosystem nurtured by AIC T-Hub.”
Looking ahead, AIC T-Hub plans to establish a semiconductor innovation lab to enhance the technological capabilities of its startups. Today, AIC T-Hub facility hosts semiconductor companies that are innovating in the areas of chip packaging, healthcare, and battery management. The program aims to forge partnerships with more corporates and global foundries to enrich the startup journey further. The upcoming cohorts of the semiconductor program will focus on fabless semiconductor companies, EDA (Electronic Design Automation) companies, and futuristic research projects in front-end and back-end chip development.
