Other investors who participated in the round include Speciale Invest and Whiteboard Capital, as well as Ashwini Asokan, CEO of Mad Street Den, and Nischay Goel, CIO of Duro Capital, who participated in their personal.
Mindgrove designs state-of-the-art, scalable, and reliable System-on-Chips (SOCS) in India. These high-performance chips can be leveraged in power-constrained environments such as industrial automation, automotive, consumer electronics, defense, security, and aviation.
Founded in 2021, by Shashwath T. R. and Sharan Srinivas J., Mindgrove design cost and power-effective microprocessor technology in India, for the world. Mindgrove is backed by IIT Madras Incubation Cell, and IITM Pravartak Technologies Foundation, a DST, Govt of India funded section 08 company housing the Technology Innovation Hub on Sensors, Networking, Actuators, and Control Systems (SNACS).
Mindgrove designs state-of-the-art, scalable, and reliable System-on-Chips (SOCs) in India. These high-performance chips can be leveraged in power-constrained environments such as industrial automation, automotive, consumer electronics, defense, security, and aviation.
Mindgrove’s series of 3 SoCs - System on Chips - are designed specifically for Edge signal processing and vision applications. They are based on the 'Shakti' core microprocessor which is amongst India’s first industrial grade microprocessors. Shakti was developed at the Reconfigurable Intelligent Systems Engineering (RISE) Lab at IIT Madras, under the Digital India RISC-V program funded by the Ministry of Electronics and Information Technology (MeitY) .
About the founders of Mindgrove, Shashwath is an electronics engineer by training. A graduate from SRM Engineering college, Shashwath worked at Lucid Software from 2006 to 2021. Lucid provides Non Destructive Testing (NDT) services to various heavy industries.
During his 15 year stint at Lucid, Shashwath developed specialised ultrasound devices, drivers and computer vision algorithms for the nuclear, oil and gas and the aerospace industry. He is an expert in systems engineering, signal processing and machine vision software.
While, Sharan is a computer scientist with an undergraduate degree in Computer Science from Meenakshi Sundararajan Engineering College, Anna University (2012) and a masters degree in Computational Science from ETH Zurich.
At ETH Zurich, Sharan developed an interest in programming for high performance scientific applications. He worked at Lucid Software from 2016-2021 where he developed CUDA/OpenCL programs running on NVIDIA GPUs. At Lucid, Sharan got a taste of hardware and embedded programming, and also met Shashwath.
Mindgrove's journey so far has been made possible by a unique government - academia - industry collaboration. The semiconductor industry itself is a global industry and such collaborations have yielded high returns for countries like Japan, Singapore, South Korea and Taiwan in the last few decades.
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