BigEndian is a fabless semiconductor startup that raised $3 million from Vertex Ventures SEA & India in its seed funding round. The funding round saw the participation of its existing and new investors. The company plans to use these fresh proceeds to scale its operation, improve its platform, expand its network, and accelerate its growth while meeting general corporate expenses. The company manufactures and sells semiconductor solutions in the surveillance vertical.
The company intends to use a portion of this investment to expand its services and to build its surveillance SoC solution. The company is working on its first SoC for surveillance cameras for consumer applications and enterprise uses. In an interview, the CEO of BigEndian, Sunil Kumar, told inc42 that they have been engaging with various Original Equipment Manufacturers and original design manufacturers in India. The company is building a chipset as a “make in India” product for the world. The startup aims to use various government schemes, geopolitical mood, and venture capital funding to position itself well in the market. The company plans to transform the semiconductor market and provide quality solutions to the global market.
The startup will focus on serving clients across various sectors while expanding its services into the global markets including Europe and the US. The Bengaluru company has a strong founding team with years of experience in semiconductor designs and building SoCs. The company claims to have experience leading teams in the top global semiconductor companies like Intel, ARM, and Broadcom. The investment shows the investor’s trust in the firm’s market potential and business model. This investment will enable the company to develop innovative solutions for market expansion and enhance the performance capability of the SoCs.
BigEndian aims to revolutionize the semiconductor market in India and provide the local presence of fabless chips across India. The development came when Indian Semiconductor chip production saw increased investor interest in rising GenAI electronics and adoption. The analysis report by inc42 mentioned that the Indian semiconductor market was at 33 billion USD in 2023. The Indian market is expected to grow and reach $10 billion in the next six years and the global market is predicted to reach $1 trillion in the same duration.
Conclusion:
BigEndian is a semiconductor startup that secured 3 million USD in a seed funding round led by Vertex Ventures SEA & India. The company intends to use this fresh capital to scale its production and complete its Soc manufacturing for surveillance while expanding its network. The startup plans to enter the global semiconductor market including The US and Europe. The company manufactures Soc semiconductor solutions for surveillance systems. This semiconductor startup plans to use government schemes, venture funding, and other programs to stabilize its position in the market. The company works closely with original design manufacturers and original equipment manufacturers in India to provide quality production of Soc. The company faces competition from other fabless semiconductor companies in the same market segment.
Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.
