Cyient Semiconductors on Monday raised $30 million cumulatively from funds managed by EAA India Alternatives (Edelweiss) to infuse capital in its product research and development (R&D) initiatives, build in-house validation and testing infrastructure, and support business requirements. <\/p>\n
The transaction includes an equity investment of approximately $10 million at a post-money valuation of ~ $500 million (~\u20b94,600 crore), alongside ~ $20 million in structured debt designed to support long-duration growth, according to a company statement. <\/p>\n
\u201cPower is the defining constraint on AI’s next decade and solving it requires semiconductor companies that combine deep custom silicon capability with proprietary power IP,\u201d said Suman Narayan, CEO, Cyient Semiconductors. <\/p>\n
\u201cThis financing from Edelweiss accelerates our journey toward becoming a globally relevant power semiconductor company, built from India, competing on the world stage,\u201d Narayan added. <\/p>\n
Cyient Semiconductors is a Hyderabad-headquartered provider of custom ASIC and ASSP solutions, with a focus on analog mixed-signal, intelligent power, and advanced semiconductor platforms. <\/p>\n
Over the last 12 months, the semiconductor company has completed the acquisition of Kinetic Technologies, a power semiconductor company with over 3 billion chips shipped, a portfolio of more than 250 products, and over 100 patents. <\/p>\n
It also launched India\u2019s first GaN power integrated circuit (IC) family in partnership with Navitas Semiconductor and established strategic ecosystem partnerships with GlobalFoundries, MIPS, and Navitas. <\/p>\n
In addition, it secured the Semi-Conductor Laboratory (SCL) modernisation programme, a key initiative in India\u2019s semiconductor roadmap. <\/p>\n
\u201cTogether, these moves mark a clear transition toward a product-led semiconductor platform, spanning custom silicon and power semiconductor solutions, and serving global customers across AI infrastructure, automotive, industrial, and communications markets,\u201d Cyient Semiconductors said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cyient Semiconductors on Monday raised $30 million cumulatively from funds managed by EAA India Alternatives (Edelweiss) to infuse capital in its product research and development (R&D) initiatives, build in-house validation and testing infrastructure, and support business requirements. The transaction includes an equity investment of approximately $10 million at a post-money valuation of ~ $500 million (~\u20b94,600 crore), alongside ~ $20 million in structured debt designed to support long-duration growth, according to a company statement. \u201cPower is the defining constraint on AI’s next decade and solving it requires semiconductor companies that combine deep custom silicon capability with proprietary power IP,\u201d said […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1009873","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009873"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009873\/revisions"}],"predecessor-version":[{"id":1009892,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009873\/revisions\/1009892"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}