India, Nov. 21 -- Semiconductor startup Sophrosyne Technologies has raised $2 Mn (about INR 17.7 Cr) in a seed funding round from early-stage venture capital firm Bluehill Capital. The funding for the startup materialised shortly after it secured a design linked incentive (DLI) grant of $1.2 Mn from the Ministry of Electronics and Information Technology (MeitY).

With the fresh capital, Sophrosyne intends to accelerate the transition from prototype silicon to full-scale product commercialisation, grow its silicon and firmware design teams, and expand early customer deployments both within India and internationally.

Founded by Manish Srivastava in 2024, Sophrosyne Technologies is a fabless semiconductor startup which is developing multi-v...