HrdWyr raises $13M in Series A led by Ideaspring Capital

Bengaluru-based fabless semiconductor startup HrdWyr has raised $13 million in a Series A round of funding led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital, and Persistent Systems.

HrdWyr said it will use the funding for product development of its AI-native System-on-Chip (AISoC) and expand customer engagements across key global markets.

Founded in 2023, HrdWyr is building AISoCs which are purpose-built for specific industries, enabling intelligent edge processing, superior power efficiency, minimal latency, and streamlined system design.

On the funding raised, HrdWyr founder & CEO Ramamurthy Sivakumar said, “The real power of AI will be unlocked as we enter the era of Physical AI, where advanced intelligence seamlessly integrates with real-world systems."

He further noted, “We encapsulate these ideas under the TEA framework. At HrdWyr, we don’t just build chips, we partner with our customers to solve domain-specific challenges and enable them to lead this transition to Physical AI, rather than simply adapt to it.”

HrdWyr operates as a full-stack, fabless semiconductor product company, differentiated from traditional IP licensing or services-led models. It designs end-to-end semiconductor products for global markets.

According to the startup, by integrating AI directly into the chip architecture, HrdWyr enables intelligence to operate at the point of data generation, allowing devices to sense, learn, and respond in real time. It further noted that this approach is particularly relevant for high-volume, cost-sensitive markets where efficiency and responsiveness matter more than raw compute performance.

Ideaspring Capital Managing Partner and Founder Naganand Doraswamy said, “HrdWyr is building a family of AI chips addressing power management and efficiency across multiple sectors, including white goods, EVs and data centres. This is very important to Ideaspring’s thesis of building products from India for the world and also becoming self-reliant in semiconductors.”

Persistent Systems Founder and CMD Anand Deshpande said, “Innovations in chip design will play a critical role in enabling next-generation enterprise and industrial applications. Our investment in HrdWyr reflects this direction and aligns with Persistent’s focus on AI-led, software-driven engineering.”