Exclusive: Morphing Machines Raises ₹42 Cr To Close Series A Round At ₹80 Cr

by · Inc42

SUMMARY

  • Morphing Machines has raised about ₹42 Cr ($4.4 Mn) in the second tranche of its Series A round, taking the total Series A funding to ₹80 Cr
  • The IISc-incubated startup raised this tranche from Hero Enterprise Partner Ventures, Colossa WomenFirst Fund, and Navam Venture Fund I
  • The fresh capital will be used to accelerate development and testing of its first production chip, convert customer engagements into pilot deployments, strengthen its software toolchain, and expand the engineering team