FundedIQ
Hardware

Mindgrove: Funding, Investors & Team (Sep 2026)

Mindgrove provides innovative Systems on Chips (SoCs) and hardware.

www.mindgrovetech.in LinkedIn Chennai, India 1-10 employees
Hardware Semiconductor
Total raised
$10.4M
Rounds
2
Latest
Series A
Dec 2024

Mindgrove has raised $10.4M across 2 funding rounds on record, the most recent a Series A of $8.0M announced in Dec 2024.

That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Mindgrove Company Profile and Key Stats

Total funding raised
$10.4M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$8.0M in Dec 2024
Employees
1-10
reported band
Headquarters
Chennai, India

Latest funding round on record: Dec 2024.

Mindgrove Funding Rounds

Date
Round
Amount
Series A
$8.0M
Seed
$2.4M

Mindgrove raised $2.4M in a Seed announced in Feb 2023.

1.8 years later, a Series A of $8.0M was announced in Dec 2024.

Mindgrove Founders and Leadership Team

Name
Role
Contact
Sharan Jagathrakshakan
Founder
Locked
Tr Shashwath
Founder
Locked

Contact details for the Mindgrove team: 2 of 2 have an email address on file.

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Mindgrove Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
3,220
$3.0M
8,352
$15M

Mindgrove's latest round of $8.0M is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Mindgrove Funding FAQs

What does Mindgrove do?

Mindgrove provides innovative Systems on Chips (SoCs) and hardware.

How much funding has Mindgrove raised?

Mindgrove has raised $10.4M across 2 rounds on record. The most recent is a Series A of $8.0M announced in Dec 2024.

When did Mindgrove last raise funding?

Mindgrove's most recent funding round on record is a Series A of $8.0M, announced in Dec 2024.

Who founded Mindgrove?

FundedIQ lists Sharan Jagathrakshakan (Founder), Tr Shashwath (Founder) at Mindgrove.

Where is Mindgrove headquartered?

Mindgrove is based in Chennai, Tamil Nadu, India.

How many employees does Mindgrove have?

Mindgrove is in the 1-10 employee band.

How does Mindgrove's funding compare to other Hardware startups?

Mindgrove's latest round of $8.0M is below the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Mindgrove Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Mindgrove is left off this page rather than filled in.

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