Semiconductor startup secures $36M in funding for AI and IoT applications

The semiconductor technology startup Baya Systems has secured $36 million in Series B funding to develop advanced chiplet technology for AI and IoT applications.

Funding details and company focus: Maverick Silicon led the funding round, with participation from Synopsys, Matrix Partners, and Intel Capital, positioning Baya Systems to advance its software-driven system IP technology portfolio.

• The Series B funding round raised over $36 million to support the development of system-on-chip (SoC) solutions
• Baya Systems specializes in accelerating intelligent computing for AI and IoT applications
• The company’s leadership team includes veterans from major tech companies including Apple, AMD, Arm, Intel, and Qualcomm

Technical innovation and market approach: Baya Systems is developing a “system-of-chips” approach that moves beyond traditional single-chip solutions to meet growing computational demands.

• The company’s technology enables multiple chiplets to work together, offering scalable performance while optimizing power consumption and costs
• Their software-based design platform addresses key challenges in chiplet development, including minimal latency and efficient resource management
• The solution includes WeaverPro, which enables continuous refinement of data-driven architecture from initial specification through post-silicon tuning

Industry challenges addressed: Baya’s technology aims to solve critical problems facing semiconductor companies as traditional chip development becomes more complex and costly.

• CEO Sailesh Kumar emphasized that relying on increasingly complex combinations of processors is unsustainable, citing high re-engineering costs and scaling difficulties
• The company’s system IP portfolio supports both custom and standard protocols while maximizing performance and minimizing power consumption
• Their approach helps semiconductor companies keep pace with AI and next-generation compute requirements without solely depending on single-chip solutions

Market perspective and validation: Industry experts and investors see Baya’s technology as filling a crucial gap in semiconductor development.

• Maverick Silicon’s managing director Andrew Homan highlighted how modern computing challenges have shifted from compute engines to data movement and connectivity
• Matrix Partners’ Stan Reiss noted that Baya Systems has exceeded expectations in building their team and developing their technology
• The company’s solutions specifically target the performance and efficiency needs of AI acceleration and scaled compute infrastructure

Strategic implications: As AI and IoT continue to drive demand for more sophisticated semiconductor solutions, Baya’s innovative approach to chiplet design and system integration could reshape how the industry approaches high-performance computing challenges while addressing critical bottlenecks in data movement and processing efficiency.