About SteradianSemi
SteradianSemi is a Technology company based in Bengaluru (India) founded in 2016 by Alok Joshi, and was acquired by Renesas Electronics in August 2022. Manufacturer of microcontrollers, microprocessors, analog, power, and connectivity solutions. SteradianSemi has raised $4.7 million across 6 funding rounds from investors including Qualcomm, Renesas Electronics and Visteon. The company has 55 employees. SteradianSemi was last valued at $12.79 million in May 2020. Its chief executive, as recorded, is Hidetoshi Shibata. Its Indian entity Renesas Design India Private Limited reported revenue of ₹52.86 Cr. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Multi-Product Manufacturers and Fabless Manufacturers.
Company details
SteradianSemi was founded in 2016 in Bengaluru, India, as a provider of semiconductor solutions. Microcontrollers, microprocessors, analog components, power management, and connectivity products are developed for automotive, industrial, infrastructure, and consumer sectors. Design resources, software tools, and technical support are supplied alongside training programs, events, and options for samples and procurement. Operations focus on embedded systems and integrated circuits within the electronics industry.
- Headquarters Bengaluru, India
- Employees 55
- Founders Alok Joshi
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website steradiansemi.com
- Social LinkedIn
- Acquired by Renesas Electronics (Aug 2022)
- Legal Name Renesas Design India Private Limited
- Date of Incorporation 22 Jan, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹52.86 Cr
FY 2025 · +15% YoY
- Net Loss-₹30.99 Cr
FY 2025 · -59% margin
- EBITDA-₹21.87 Cr
FY 2025 · -41% margin
- Total Equity Funding$4.7M (USD)
in 6 rounds
- Latest Funding Round$2.72M (USD), Series A
May 2020
- InvestorsQualcomm
& 9 more
- Employee Count55
- Acquired byRenesas Electronics
(Aug 2022)
Associated legal entities of SteradianSemi
SteradianSemi is associated with 2 registered companies on The Company Check; the primary company is Renesas Design India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Renesas Design India Private Limited CIN U31401KA2016PTC085459 | Active | 22 Jan 2016 | Bangalore, Karnataka | ₹52.9 Cr | 55 | 2 | View details |
| Green Nerds Solutions Private Limited CIN U37200KA2011PTC061704 | Active | 16 Dec 2011 | Bangalore, Karnataka | ₹0.0 Cr | 205 | 3 | View details |
Funding Insights of SteradianSemi
SteradianSemi has successfully raised a total of $4.7M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.72 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.7M
- Total Rounds 6
- Last Round Series A — $2.72M
- Investors Count 10
All 6 funding rounds of SteradianSemi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2020 | $2.72M | Series A | $12.79M | Renesas Electronics | |
| Oct 2018 | $1.04M | Seed | $6.69M | Visteon | |
| Jun 2018 | Grant | – | – | ||
| May 2018 | $942,351 | Seed | $••••• | Endiya Partners | – |
| Sep 2017 | $75,000 | Grant | – | – | |
| Apr 2017 | Seed | – | T-Hub | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2020 | $12.79M | •••••••• |
| Oct 2018 | $6.69M | •••••••• |
| May 2018 | $••••• | •••••••• |
Full valuation and stage history of SteradianSemi
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $12.79M (May 2020). 10 investors in total: 9 institutional and 1 angel.
Investors in SteradianSemi
SteradianSemi has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Qualcomm, Renesas Electronics and Visteon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investing in AI, deep tech, healthcare, and fintech startups. | 2015 | endiya.com | Hyderabad, India | |
Venture capital firm investing in technology and deep tech startups with a focus on innovative solutions. | 2019 | inflexor.vc | Mumbai, India | |
Venture capital firm investing in deep tech and B2B early-stage startups. | 2015 | startupxseed.in | Bengaluru, India | |
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development. | 2015 | t-hub.co | Hyderabad, India | |
Semiconductor solutions encompassing microcontrollers, analog, power, and connectivity are provided. | 2002 | renesas.com | Tokyo, Japan | |
| aydiv.tcc.mode | ||||
AI and cloud-enabled solutions and electronics for connected and autonomous vehicles | 2000 | visteon.com | Detroit, United States | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
Provider of cloud and AI-based cellular communication ICs | 1985 | qualcomm.com | San Diego, United States | |
RK Raja Kumar | unknown_9e24d0dc6fbf4b369 |
Investor details for SteradianSemi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Renesas Design India Private Limited (SteradianSemi)
Renesas Design India Private Limited is the primary company behind SteradianSemi. The boards of the 2 registered companies of SteradianSemi currently have 5 directors; the longest-serving is Nidhish Sadashiv Shetty, appointed in 2011. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nidhish Sadashiv Shetty DIN 05113060 | Managing Director | 16 Dec 2011 | 14 yrs 10 mo | Green Nerds Solutions Private Limited |
| Rashmi Nidhish Shetty DIN 05113076 | Director | 16 Dec 2011 | 14 yrs 10 mo | Green Nerds Solutions Private Limited |
| Abhiman Harijeevan Shetty DIN 05138777 | Director | 16 Dec 2011 | 14 yrs 10 mo | Green Nerds Solutions Private Limited |
| Anish Dangra DIN 08477941 | Director | 26 Jun 2023 | 3 yrs 4 mo | Renesas Design India Private Limited |
| Chandana Lakshmi Pairla DIN 10905723 | Additional Director | 15 Jan 2025 | 1 yr 9 mo | Renesas Design India Private Limited |
People of SteradianSemi
2 people are tracked at SteradianSemi (2 in leadership); the tracked headcount is 55.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Hidetoshi Shibata | Chief Executive Officer | Leadership |
Complete people profiles for SteradianSemi
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Verified entity values are shown only after access is granted.
Financials of SteradianSemi
Figures of Renesas Design India Private Limited, the primary company behind SteradianSemi, for FY 2025. Revenue was ₹52.86 Cr (+15% year on year). Net loss was -₹30.99 Cr (-59% margin). EBITDA was -₹21.87 Cr (-41% margin). Revenue has grown at a compounded annual rate of +39% over three years and +146% over five years.
- ₹52.86 CrRevenue · FY 2025 · +15% YoY
- -₹30.99 CrNet loss · -59% margin
- -₹21.87 CrEBITDA · -41% margin
- ₹3.6 LakhPaid-up capital
- 55Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +146%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Renesas Design India Private Limited are on its company page.
Detailed financial statements for SteradianSemi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SteradianSemi
5 dated milestones of SteradianSemi across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SteradianSemi is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.7M.
- Exit Acquired by Renesas Electronics.
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Related news about Steradiansemi
Complete news archive for SteradianSemi
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Frequently Asked Questions about SteradianSemi
SteradianSemi was founded in 2016 and raised its 1st funding round 1 year after it was founded.
SteradianSemi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hidetoshi Shibata is the CEO of SteradianSemi, as recorded in our data.
SteradianSemi is a funded company, having raised a total of $4.7M across 6 funding rounds to date.
SteradianSemi has 55 employees.
The primary company behind SteradianSemi, Renesas Design India Private Limited, reported revenue of ₹52.86 Cr for FY 2025, up 15% year on year.
SteradianSemi was founded in 2016 in Bengaluru, India, as a provider of semiconductor solutions. Microcontrollers, microprocessors, analog components, power management, and connectivity products are developed for automotive, industrial, infrastructure, and consumer sectors. Design resources, software tools, and technical support are supplied alongside training programs, events, and options for samples and procurement. Operations focus on embedded systems and integrated circuits within the electronics industry.
SteradianSemi has 10 investors. Key investors include Qualcomm, Renesas Electronics, Visteon, T-Hub, and Inflexor.
The valuation of SteradianSemi is $12.79M as of May 2020.
SteradianSemi is associated with 2 legal entities: Renesas Design India Private Limited, Green Nerds Solutions Private Limited.
Yes. SteradianSemi was acquired by Renesas Electronics in August 2022.
The legal entities of SteradianSemi currently have 5 directors, including Anish Dangra, Chandana Lakshmi Pairla, Nidhish Sadashiv Shetty and others.