Calligo Technologies secures investment from UST and KITVEN Fund

UST and Karnataka Information Technology Venture (KITVEN), through its Semi-Conductor Venture Fund and SFAL have jointly invested in Calligo Technologies for developing a Posit enabled RISC-V multicore processor (System-on-chip) to power accelerator boards targeting HPC & AI segments under ‘Make in India’ initiative.

Commenting on the innovative product development, Gilroy Mathew, VP & Global Head of Semiconductor Engineering, UST, said, “UST is always at the forefront of innovation. Our joint effort to develop CRISP-based SoC will transform us to build more innovative AI & HPC Silicon Chipsets for our worldwide customers.”

Anantha Kinnal, Chairman and Managing Director, Calligo Technologies, said, “In building TUNGA SoC, Calligo will expand from its software-only focus to end-to-end Product offering consisting of Silicon, Board, Firmware, Software and Applications for the emerging markets. Calligo’s accelerator board, as an add-on to any standard Server, is expected to significantly increase the performance of HPC and AI systems. Bluespec’s Octopus will be an integral part of this overall solution.”

Karnataka IT Venture (KITVEN) CEO, A. R. Jayakumar quoted, “Our vision is to provide long-term capital to early and growth-stage start-ups in the State of Karnataka in specific focus areas to enable them to build competitive products and solutions. We are thrilled to invest in Calligo and aid their product development in accelerating HPC and AI workloads.”

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