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Agrani Labs Founded by Ex-Intel, AMD Executives Seeks $100M in Series A

GateNews

AI Industry News

2026-05-15 03:21:34

According to The Economic Times, Agrani Labs, a semiconductor startup founded by four former Intel and AMD executives, is in early talks to raise approximately $100 million in Series A funding. The company, which raised $15 million from Peak XV in 2025 at a $36 million valuation, is developing AI inference chips compatible with Nvidia’s CUDA software stack. Potential investors include Qualcomm, Battery Ventures, and government entities, with existing backer Peak XV considering a $20 million pro-rata investment.

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