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Mindgrove Technologies

Mindgrove Technologies

Private
ChennaiFrontier & Industrial Techhttps://www.mindgrovetech.in/

Last Round

Series A

Dec 23, 2024

Est. Valuation

$25.7M

Total Funding Raised

$12.13M

Company Overview

Mindgrove Technologies is a fabless semiconductor company that designs high-performance, secure System-on-Chips (SoCs) for IoT, edge computing, and AI applications.

Sector

Frontier & Industrial Tech

Verticals

Semiconductors, IoT Hardware, Edge Computing, Computing Hardware, Computer Vision

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Infrastructure

Keywords

RISC-Vfabless semiconductorSystem-on-ChipSoCedge computingIoT hardwaremicrocontrollercomputer visionedge AIhardware securitysilicon designembedded systemschip designopen-source hardwarecustom silicon

Historical Pricing

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Caplight Momentum Score

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Mindgrove Technologies Comparables

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Mindgrove Technologies comparables — related companies by embedding similarity
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Mindgrove Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ADec 23, 2024
GrantDec 1, 2024
SeedFeb 23, 2023

Key People

Founding team and executive leadership

Sharan Jagathrakshakan

Co-Founder & CTO

Founding Team

Shashwath T R

Co-Founder, CEO, Co-Founder

Founding Team

Umamaheswaran SG

Chief Operating Officer

Executive Team

Mindgrove Technologies Investors

Notable investors and investment history

Mindgrove Technologies investors
InvestorRounds
Peak XV PartnersSeries A, Seed
Speciale InvestSeed, Series A
Mela VenturesSeries A
Government of IndiaGrant
Whiteboard CapitalSeries A, Seed
Rocketship.vcSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Monthly visitors increased 48% MoM.

  • Jan 2, 2026

    Monthly visitors increased 179% MoM, reaching 10K.

Recent news

Latest coverage and updates

  • partners_withAug 16, 2026

    Mindgrove Technologies Pvt. Ltd. partnered with Prama India Pvt. Ltd. on Jul 10th '26.

  • partners_withJul 29, 2026

    Mindgrove Technologies Pvt. Ltd. was planning to partner with AtumX Inc. on Jul 29th '26.

  • launchesJul 29, 2026

    Mindgrove Technologies Pvt. Ltd. was planning to launch india-made chip developer board for schools on Jul 29th '26.

Mindgrove Technologies Filings

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Mindgrove Technologies filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Mindgrove Technologies's valuation, stock price, and market status.

Is Mindgrove Technologies a public or private company?

Mindgrove Technologies is a private company.

What is the current stock price of Mindgrove Technologies?

Mindgrove Technologies is a private company with no public stock price. No recent secondary market data is available.

How much is Mindgrove Technologies worth (valuation)?

Mindgrove Technologies's valuation is estimated at $25.7M based on funding round data.

Can I buy Mindgrove Technologies stock?

Mindgrove Technologies shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Mindgrove Technologies's last funding round?

Mindgrove Technologies's most recent funding round was Series A on December 23, 2024.

Who are the main investors in Mindgrove Technologies?

Key investors in Mindgrove Technologies include Peak XV Partners, Speciale Invest, Rocketship.vc.

Will Mindgrove Technologies IPO soon?

No public IPO plans have been announced for Mindgrove Technologies.

How can I track Mindgrove Technologies secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Mindgrove Technologies's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersChennai
Employee Range59
Year Founded2021
Last FundingDec 23, 2024

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