Agrani Labs, an AI semiconductor startup based in Bengaluru, has emerged from stealth and raised $8 million in a seed funding round led by Peak XV Partners, with participation from angel investors, as it accelerates development of advanced compute solutions aimed at data centre workloads.

Founded by industry veterans from Intel and AMD Dheemanth Nagaraj, Ashok Jagannathan, Srikanth Nimmagadda, and Rajesh Vivekanandham Agrani Labs is focused on designing high-performance AI GPUs and building a full-stack AI compute platform that includes hardware and software layers such as compilers, libraries, system software, and AI frameworks.

The fresh capital will be used to scale engineering efforts, accelerate product development, and strengthen collaborations with academic institutions, semiconductor partners, government research bodies, and software ecosystems. Agrani Labs has already made progress on architecture and product definition, building early versions of its hardware and software stack.

The startup’s emergence in the semiconductor space comes at a time when demand for AI-driven data centre infrastructure is rapidly increasing, and its India-based deep-tech focus aims to establish the company as a competitive player in global compute architecture.