Indian chip startup secures funds for AI growth

NEW DELHI

Indian chip design company HrdWyr has raised USD 13 million in a Series A funding round to develop advanced AI-native chips and strengthen its global market presence. The investment round was led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital, and Persistent Systems. The company said the fresh funding will help speed up the creation of next-generation system-on-chip products designed for Physical AI technologies. HrdWyr aims to improve customer partnerships and expand business opportunities in important international markets through this latest investment and future technology development plans.