[Funding alert] Azimuth AI Secures Seed Funding From AUM Ventures

AUM Ventures, an Abu Dhabi Global Market (ADGM) and India-focused venture capital firm, invested an undisclosed seed investment to Azimuth AI.

The new funding will be used by the startup to create its system on chip (SoC) for a major international original equipment manufacturer (OEM) that specializes in solutions for smart cities.

Read also - [Funding alert] abCoffee Secures $3.4 Mn in Series A Funding Round

Azimuth states that it has worked with top Silicon Valley semiconductor businesses to create and deliver over 30 silicon devices to the market, as reported by Inc42.

Azimuth has a collective 100 years of experience building technology products. It has team members based in California, USA, and Hyderabad, India

About Azimuth AI

Founded in 2022 by Praveen Yasarapu and Sridevi Badiga, Azimuth AI is an Embedded Silicon Product company developing highly differentiated ASICs for Edge Computing Applications.

Read also - [Funding alert] The Ayurveda Experience Raises $27M Series C funding Led by Jungle Ventures

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.