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Morphing Machines

Semiconductors (Deeptech)Bengaluru, Karnataka, India

Morphing Machines is a Bengaluru-based fabless semiconductor startup spun out of IISc, developing reconfigurable many-core processors. It is transitioning from R&D to commercial deployment with its first physical production chip in development.

1StartupFox story
Semiconductors(Deeptech)Sector
Apr 2026Latest coverage

Funding

Morphing Machines has raised $5M across 1 disclosed round, most recently a Series A (tranche) in Apr 2026.

$5MRaised
Series A (tranche)Latest round · Apr 2026
₹80CrValuation · post-money (as reported
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Apr 2026Series A (tranche)$5M (₹42 crore)Hero Enterprise Partner Ventures (lead), Colossa Ventures, Navam Capital ₹80 crore post-money (as reported)StartupFox ↗

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadHero Enterprise Partner Ventures (lead)1 round · 2026
Colossa Ventures1 round · 2026
Navam Capital1 round · 2026
Aggregated automatically from the disclosed rounds above.

Leadership

DSDeepak ShapetiCo-founder
DRDr. Ranjani NarayanCo-founder
PSProf. S.K. NandyCo-founder

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Latest on Morphing Machines

Funding
Semiconductor Startup Morphing Machines Raises ₹42 Crore in Series A to Accelerate Chip Production
28 APR 2026 · 3 MIN READ

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Frequently Asked

What is Morphing Machines?

Morphing Machines is a Bengaluru-based fabless semiconductor startup spun out of IISc, developing reconfigurable many-core processors. It is transitioning from R&D to commercial deployment with its first physical production chip in development.

Who founded Morphing Machines?

Morphing Machines is associated with Deepak Shapeti, Dr. Ranjani Narayan, Prof. S.K. Nandy.

How much funding has Morphing Machines raised?

Morphing Machines has raised $5M across 1 disclosed round. The most recent was a $5M Series A (tranche) in Apr 2026.

Who are Morphing Machines's investors?

Disclosed investors in Morphing Machines include Hero Enterprise Partner Ventures (lead), Colossa Ventures, Navam Capital.

What is Morphing Machines's valuation?

Morphing Machines was last reported at ₹80 crore post-money (as reported), at the time of its Series A (tranche) in Apr 2026.

What is the latest news on Morphing Machines?

The most recent StartupFox coverage is “Semiconductor Startup Morphing Machines Raises ₹42 Crore in Series A to Accelerate Chip Production” (28 April 2026). All stories are listed on this page.