- The round also saw participation from Roots Ventures, Caperize Fina, MAIQ Growth Scheme, along with several high-net-worth investors.
The funds will be deployed across three strategic priorities — accelerating product commercialization, moving existing silicon chips into production, and building out go-to-market capabilities in India, the US, and other key global markets.
Mumbai | February 18, 2026: Vervesemi Microelectronics, an Indian fabless semiconductor startup, has raised $10 million in a Series A round led by ace investor Ashish Kacholia and Unicorn India Ventures. The round also saw participation from Roots Ventures, Caperize Fina, MAIQ Growth Scheme, and several high-net-worth individuals (HNIs).
Strategic Use of Funds
The capital will be deployed across three key areas:
- Product Commercialization: Accelerating rollout of its machine learning–enhanced analog signal chain IC portfolio, including advanced data converters, intelligent power, and sensing solutions for industrial, smart energy, motor control, and avionics applications.
- Silicon Production: Initiating production of existing chips, completing product qualification, and scaling engineering and applications teams to support global customers.
- Global Expansion: Building go-to-market presence across India, the US, and strategic Asian markets, engaging more deeply with OEMs and system companies.
Rakesh Malik, Co-founder & CEO, Vervesemi, said: “This Series A funding marks a defining milestone for Vervesemi. The round was oversubscribed, and the backing of Ashish Kacholia, Unicorn India Ventures, and other distinguished investors reinforces our conviction that world-class semiconductor innovation can originate from India. This funding allows us to move from technology validation to large-scale deployment, positioning Vervesemi as a global supplier of intelligent analog mixed-signal semiconductor solutions.”
Pratap Narayan Singh, Co-founder & CTO, Vervesemi, added: “This funding enables us to transition from advanced R&D to scaled market execution. We are accelerating product tape-outs, expanding engineering capabilities, and strengthening our global go-to-market presence. Our mission is to redefine how precision mixed-signal SoCs are designed and deployed worldwide.”
Ashish Kacholia, Founder, Lucky Investment Managers, commented: “Vervesemi’s founders bring rich experience from leading multinationals and deep expertise in analog and digital processing. Their order wins from marquee customers, including a leading space organization, validate their capabilities. India’s deep tech ecosystem is evolving rapidly, and I am privileged to partner with one of the most exciting companies in this space.”
Anil Joshi, Managing Partner, Unicorn India Ventures, said: “Fabless semiconductor design companies are leading innovation in India’s deep tech ecosystem. Vervesemi has built a strong portfolio with global ambitions, making it a compelling investment. With our Rs 600 crore deep tech fund launched with IIT Madras, we are committed to supporting startups like Vervesemi that combine talent, technology, and capital to scale globally.”
Company Progress
- Validated ML-enabled analog signal chain architecture in silicon with multiple customers entering production.
- Expanded product pipeline and increased customer engagement across industrial and smart energy segments.
- Built an IP portfolio with 10 patents and 140+ semiconductor IP blocks.
- Launched new product lines including:
- Motor control ICs for EVs, drones, and industrial automation.
- Bridge sensor interface chips for precision measurement in smart energy and industrial sensing.
- Avionics-grade multi-function controllers for aerospace and defense applications.
About Vervesemi
Founded in 2017, Vervesemi Microelectronics is an Indian fabless semiconductor company specializing in high-performance analog and mixed-signal ICs. Its portfolio serves space, defense, industrial, motor control, and smart energy applications, protected by patents and trade secrets.
- Recognized under the Government of India’s Design Linked Incentive (DLI) scheme.
- Awarded a BLDC controller IC project by MeitY under the C2S scheme.
- IP alliance partner within Samsung SAFE and UMC, supporting advanced FINFET nodes.
🌐 Website: www.vervesemi.com
About Unicorn India Ventures
Founded in 2016 by Bhaskar Majumdar and Anil Joshi, Unicorn India Ventures is a technology-focused early-stage venture fund with an AUM of ₹2000 crore. Known for stellar exits and deep tech investments, the firm supports visionary startups shaping India’s innovation ecosystem.
