2019
Bengaluru (India)
Seed
AGNIT Semiconductors Private Limited is a pioneering Indian deep-tech startup specializing in Gallium Nitride (GaN) semiconductor technology. The company is a spin-off from the Indian Institute of Science (IISc), leveraging over 15 years of R&D and proprietary intellectual property to design and manufacture GaN materials (wafers) and advanced electronic components.
GaN Materials & Wafers: Proprietary GaN-on-Silicon Carbide wafers for high-power, high-frequency applications.
RF Electronic Components: Discrete RF power transistors and devices for defense, telecom, and industrial use.
Custom GaN Solutions: Tailored GaN devices for emerging markets such as EV fast chargers and consumer electronics.
Direct Sales: Selling GaN wafers and RF devices to semiconductor fabs, defense contractors, telecom companies, and electronics manufacturers.
Custom Device Development: Providing bespoke GaN-based solutions for clients in emerging sectors like electric vehicles and consumer electronics.
Strategic Partnerships & Licensing: Collaborating with research institutes and industry partners, and potentially licensing patented technologies developed in-house.
B2B Sales: Focused on large enterprises and government agencies in defense, telecom, and energy.
Emerging Markets: Expanding into B2B opportunities in consumer electronics and electric mobility (EVs), especially fast-charging solutions.
Market Expansion: Scaling production to serve both domestic and global markets, with a focus on strategic sectors where GaN offers clear performance benefits.
Product Innovation: Continuous investment in R&D to develop next-generation GaN devices and expand into new application areas like power conversion and renewable energy.
Partnerships: Leveraging collaborations with IISc, government bodies, and industry leaders to accelerate commercialization and adoption of GaN technology.
Quality & Reliability: Investing in advanced manufacturing and rigorous quality control to meet the demanding standards of defense and telecom clients.
AGNIT Semiconductors is at the forefront of India’s semiconductor innovation, bridging world-class research and commercial manufacturing in GaN technology. With a robust business model, deep technical expertise, and a strategic focus on high-growth sectors, AGNIT is poised to become a key player in the global semiconductor ecosystem-offering investors, researchers, and industry partners a compelling opportunity for collaboration and growth.
$4.87 Million
2
$3.5 Million, Seed
as of September 30, 2024
$13.1 Million
as of October 4, 2024
2.69x
as of October 4, 2024
3one4 Capital
and 1 more21
Zerocircle
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
September 30, 2024 | Seed | $3.5 Million | $13.1 Million | - | - | 3one4 Capital, Zephyr Peacock |
February 12, 2021 | Angel | $1.4 Million | $6.5 Million | - | - | - |