AGNIT Semiconductors develops and manufactures gallium nitride (GaN) materials (wafers) and electronic components primarily aimed at radio-frequency applications. The firm was founded in 2019 and is based in Bengaluru. It plans to scale production to 100,000 GaN components over the next two years and expand into telecom infrastructure and high-efficiency power semiconductor devices. AGNIT previously explored building components for electric vehicles but has paused those efforts to focus on markets with stronger demand for GaN technology. Financially, the company has raised over $7 million to date, including a $3.5 million seed round in 2024 and a $2.6 million seed extension led by Shastra VC. The startup's work centers on both GaN wafers and finished electronic components for RF use cases.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2026