What does Calligo Technologies do?
Calligo Technologies is a Bangalore, India-based semiconductor startup focused on developing advanced products and solutions for high-performance computing, Big Data analytics, and artificial intelligence workloads. The company is dedicated to addressing the performance bottlenecks in computing systems required for large-scale modeling, simulation, and AI training and inference.
How much did they raise?
The startup raised $1.1M in a Pre-Seed funding round, with Seafund and Artha Venture Fund taking the lead. There were no reported participant investors in this round.
What are their plans for the money?
Calligo Technologies intends to use the funds to expand its engineering talent and bolster its technological capabilities. The investment will support the development of ver2.0 of its silicon chip, help establish key partnerships, and position the company to capture a larger market share in the high-performance and AI computing sectors.
What have they achieved so far?
Over the past 12 months, Calligo Technologies has made significant strides by soft launching its operations in the US, collaborating with US universities, national laboratories, and supercomputing centers, as well as building an accelerator board, receiving First Pass Silicon Ver1.0, and starting shipments to customers.
