Mindgrove Technologies

MindgroveTechnologies' System on Chip (SoC), named V2600, will be launched by late 2026.he chip is purpose-built for CCTV and surveillance applicationswithedge AIfunctionality

The company specialises in microcontrollers and microprocessors, the tiny systems that power everything from smart locks to washing machines and biometric readers.

The company is looking to build general-purpose microcontroller chip that can be moulded and used across other devices, including those in the robotics space, co-founder and CEO Shashwath T R said

India does not have the economic muscle to build GPU infrastructure, like the US or China. However, a growing pool of experienced engineers, and a handful of startups, are betting on a different future-offline AI, powered by smarter chips.

Bosch Global Software Technologies and Mindgrove Technologies collaborate. They will develop system-on-chip solutions. These solutions target automotive, consumer electronics, and IoT. Mindgrove will design SoCs for local and global markets. Bosch will pr

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According to the founders, the funds will be used for the commercial launch of its Secure IoT microcontroller SoC, team expansion, and enhancing its engineering capabilities further

As Mindgrove looks to replicate the success of Secure IoT, its first batch of chips is expected to roll off the production line and be market-ready by July- September 2025, should present-day global economic conditions sustain.

The round was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures and existing investors like Peak XV Partners, Nishchay Goel and Whiteboard Capital along with new participation from Anshul Goel.

Mindgrove's system-on-chips (SoCS) are built to be power-efficient and cost-effective for use in Internet of Things (IoT), vision and automobiles