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Agnit Semiconductors raises $2.6 million from Shastra VC, 3one4 Capital, and Zephyr Peacock to scale GaN semiconductor production and expand into telecom and power electronics applications.

PRIVATEMar 16, 20265 months ago

Amount Raised

$2.6 Million

Round Type

Seed

BengaluruManufacturingSemiconductor

Investors

Zephyr Peacock3one4 CapitalShastra Vc

Description

Agnit Semiconductors has raised $2.6 million in a funding round led by Shastra VC, with participation from 3one4 Capital and Zephyr Peacock. The startup focuses on gallium nitride (GaN) semiconductor production and aims to increase production capacity significantly. To date, the company has raised a total of $7.47 million. The new funds will support scaling production to approximately 100,000 GaN components over the next two years.

Company Information

Company

AGNIT Semiconductors

Location

Bengaluru, Karnataka, India

About

AGNIT Semiconductors Private Limited is India’s one and only provider of Gallium Nitride (or GaN for short) solutions for RF electronics and Power Electronics. We are an integrated device manufacturer who can provide GaN wafers and devices for both wireless communication applications - such as for civilian 5G, connectivity for large industrial installations, remote connectivity from space, rural connectivity and drones – and power electronics application such as in electric vehicles and data centre, telecom power supplies. AGNIT is a spin-off from the Indian Institute of Science (IISc), Bangalore and has differentiated IP across the GaN materials, processes and devices developed over 15 years of R&D at IISc. Our founding team has >100 years of aggregate experience across the semiconductor value chain – from materials-to-processes-to-devices-to-systems.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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