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IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC’s Paul Graham, Peak XV - The Economic Times

Founded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding 140 watts per square centimetre, making thermal management a growing challenge. The company will initially focus on materials that can help address this problem, while its broader technology is aimed at discovering materials across the semiconductor stack.

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https://economictimes.indiatimes.com/tech/funding/deeptech-startup-ethereal-machines-raises-28-5-million-from-avataar-ventures-peak-xv-others/articleshow/131640029.cms

Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, others - The Economic Times

https://economictimes.indiatimes.com/tech/funding/deeptech-startup-ethereal-machines-raises-28-5-million-from-avataar-ventures-peak-xv-others/articleshow/131640029.cms