Chennai based InCore Semiconductors, a fabless-semiconductor start-up focused on building class leading RISC-V based processor solutions, has raised $3 million in a seed funding round from Sequoia Capital India.
Launched in 2018, the company enables its customers with turnkey processor IP solutions for industrial segments such as automotive, industrial automation and general electronics among others.
InCore will use the funds raised to enhance its portfolio of Core-Hub generators and reference SoC (System-on-Chip) platforms aimed at multiple segments of the embedded chips space. RISC-V is an open and royalty-free instruction set architecture (ISA) governed by a neutral Swiss foundation.
