A new report by venture capital (VC) firm Speciale Invest and startup association Startup Policy Forum finds that homegrown semiconductor startups have raised approximately $206 million across 51 rounds since 2022. The report, titled ‘Indian Semiconductor Startup Landscape 2026’, said that semiconductor startups raised $61.9 million in H1 2026 alone, equivalent to 81 per cent of the $76.6 million raised during the whole of 2025. According to the report, another sign of the sector’s maturity is the pace at which some semiconductor companies are raising subsequent rounds. Seven recent Series A rounds highlighted in the report total $73.7 million, roughly one-third of all semiconductor startup capital raised in India since 2022. The report identifies a broadening of India’s semiconductor startup base.