Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA & India and others.
BigEndian Semiconductors, a Bengaluru-based startup specialising in fabless semiconductor design, has recently secured $3 million in funding.
This investment, led by Vertex Ventures SEA & India and supported by other investors, will be used to expand the company’s engineering team, advance research and development, and boost operations to address the rising demand for innovative surveillance technology in India and worldwide.
Furthermore, the company highlighted that it wishes to speed up the development of semiconductors that connect India with the global supply chain, including its upcoming surveillance system-on-chip (SoC) solution.
Commenting on the funding, Sunil Kumar, the co-founder and CEO of BigEndian, indicated that the investment would allow the company to transform the value chain through open, secure, and collaborative technology.
He also mentioned that, besides SoCs, the startup is working on creating an advanced, distinctly Indian ecosystem that includes breakthroughs at both the upstream and downstream levels, which would propel the emerging semiconductor industry in India.
Reports suggest that despite housing 20-25% of global semiconductor design talent, India has traditionally had limited influence in the international market. However, recent changes in the worldwide market and more supportive policies promoting domestic semiconductor design are now paving the way for innovation in the rapidly growing Indian semiconductor industry.
Ben Mathias, managing partner at Vertex Ventures SEA & India, remarked that restructuring electronics supply chains presents a unique chance for India to emerge as a global leader in semiconductors. He expressed enthusiasm about participating in this broader trend, beginning with their investment in BigEndian.
Mathias also mentioned that the upcoming surveillance SoCs aligns well with the rising demand for advanced security solutions worldwide.
