iVP Semi raised $5m in pre-series A funding to set up production test facilities in Chennai and South India
Amount Raised
$5 Million
Round Type
Pre-Series A
ChennaiManufacturingDescription
iVP Semi, a fabless semiconductor startup, has secured $5M in pre-Series A funding to build India presence, scale operations, set up testing facilities and activate marketing initiatives. The company plans to set up a production test facility in Chennai and one other location in South India, aiming to drive revenue of $70m – $100m in the next 3 to 4 years.
Quick answer
iVP Semi raised $5 Million in a Pre-Series A round, dated July 6, 2024. iVP Semi is based in Chennai, Tamil Nadu, India.
- How much did iVP Semi raise?
- iVP Semi raised $5 Million in a Pre-Series A round on July 6, 2024.
- What does iVP Semi do?
- iVP Semi's mission is to localize semiconductor chip production, empowering Indian companies to improve product development cycles and achieve greater technological autonomy.
- Where is iVP Semi based and how big is it?
- iVP Semi is based in Chennai, Tamil Nadu, India.
- Who are the decision-makers at iVP Semi?
- Fundz holds 1 contact at iVP Semi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as iVP Semi that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Scythe Robotics raised $12M on August 20, 2024.
- Aeon Industries raised $173K (Pre-Seed) on August 20, 2024.
- Starpath Robotics raised $12M (Seed) on August 20, 2024.
- Novo Fogo raised $150K (Pre-Seed) on August 20, 2024.
- Fabric raised $33M (Series A) on August 19, 2024.
Who to call at iVP Semi, and when
A new round usually means iVP Semi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day iVP Semi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at iVP Semi, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at iVP Semi. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment iVP Semi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
iVP Semi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.