Morphing Machines secured ₹42 crore ($4.4 million) in a Series A tranche at an ₹80 crore valuation.
The investment round was driven by Hero Enterprise Partner Ventures, Colossa Ventures, and Navam Capital.
Capital will be deployed to accelerate the testing of their proprietary REDEFINE processor and initiate commercial pilot projects.
The funding highlights a growing confidence among domestic VCs in backing capital-intensive Indian hardware and fabless semiconductor IP.
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