Eximius Ventures, New-Delhi based Micro VC, has announced the first close of its $10 Million maiden fund for early-stage startups in India. The funds raised will be used to invest in 25-30 startups which are in early-stage.
Speaking on the first close of the fund, founder and managing director, Pearl Agarwal, commented, “As a fund investing in the pre-seed stage, we would primarily focus on addressing funding and accessibility gaps faced by startups and extend our support beyond capital to offer unconditional network access, expert guidance, help with future fundraising, and more.”
Eximius provides end-to-end solutions and services for building smarter, smaller and faster connected products for various use cases of IoT, Industry 4.0, Edge Computing, Cloud, 5G and Artificial Intelligence. Their expertise spans across SOC, IP, ASIC, FPGA, Hardware System and Software domains.
Founded in August 2013 and headquartered in San Jose, California, USA, Eximius has design centers in the US, India and Malaysia. Their clientele includes some of the Fortune 100 corporations and new age companies across semiconductors, cloud and hyperscale infrastructure, consumer electronics and automotive segments.
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