Calligo Technologies is seeking up to $15 million in funding as demand grows for power-efficient chips powering AI infrastructure.
Bengaluru-based semiconductor startup Calligo Technologies is reportedly in advanced talks to raise $12 million to $15 million in fresh funding. The round is expected to be led by US-based BIG Capital, with participation likely from existing investors Artha Venture Fund and SeaFund. The company is said to be seeking a valuation in the range of $50 million to $55 million.
Founded in 2012, Calligo has focused on designing energy-efficient processors using RISC-V, an open-standard chip architecture gaining global momentum. RISC-V is increasingly seen as an alternative to proprietary processor ecosystems dominated by Arm Holdings and Intel. Its open nature allows chip designers to build customized processors without paying licensing royalties, reducing costs and enabling architectural flexibility.
The company’s technology roadmap targets artificial intelligence, high-performance computing, and supercomputing applications. As AI adoption accelerates, energy consumption has emerged as a major challenge for data centers. This shift is driving demand for processors that can deliver strong computational performance while consuming less power — an area where Calligo aims to establish differentiation.
The proposed funding will likely support engineering expansion, strengthen industry partnerships, and accelerate development of next-generation silicon. Moving from design innovation to commercially deployable chips remains a key milestone for the startup.
Calligo’s fundraising also reflects India’s broader push to strengthen domestic semiconductor capabilities. With growing investor interest, policy support, and an expanding talent base, Indian chip startups are gaining visibility in global semiconductor discussions. For Calligo Technologies, the upcoming funding round could mark an important step toward scaling its RISC-V processor ambitions and positioning itself within the rapidly evolving AI hardware ecosystem.
