Netrasemi develops system-on-chips (SoCs) for smart IoT products, designed to handle complex workloads such as video processing using an in-house AI acceleration core (NPU) and silicon IPs. Its energy-efficient chips enable advanced analytics directly on devices without relying on servers or the cloud. The company was founded in 2020 and is backed by IIM-Kozhikode. Netrasemi reported operating revenue of Rs 1.55 crore in FY24 and a profit of Rs 5.3 lakh; FY25 results are pending. The co-founders Jyothis Indirabhai, Deepa Geetha, and Sreejith Varma collectively retain over 50% ownership after the round. The company has an ESOP pool of 5.19%, valued at Rs 32.6 crore. Netrasemi, founded in 2020 and based in Kerala, India, develops system-on-chips (SoCs) and reference designs to enable on-device AI/ML for smart IoT products. The company is bringing a family of AI/ML-capable SoCs and reference designs aimed at solving 100+ AI/ML use cases to make Edge AI product development more efficient and economical. Its chips are designed to enable advanced AI-based analytics on the device without sending data to servers or the cloud, improving responsiveness and lowering cost. Key target segments include defense, surveillance, smart sensors, smart infrastructure, machine vision and Industry 4.0, robotics, drones and autonomous vehicles. The company has a 61-member team and was founded by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha. Netrasemi plans to use the new funding to fabricate two ML SoC chips, Netra A2000 and Netra R1000.

Total raised

$13M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2025