Circuit House Technologies Secures Groundbreaking USD 4.3 Million Seed Funding

Circuit House Technologies has secured USD 4.3 million in a seed funding round led by Stellaris Venture Partners and 3one4 Capital. The funds will be used to expand the team, enhance R&D efforts, and launch India's next-gen consumer electronics brand. The startup is co-founded by industry veterans Raghu Reddy and Kailash Sankaranarayanan.

In a groundbreaking development, Circuit House Technologies has announced a successful seed funding round of USD 4.3 million, spearheaded by Stellaris Venture Partners alongside 3one4 Capital. Notable angel investors also participated in the round.

According to a company release, the secured funds will fuel the assembly of a robust team across various functions, intensify research and development activities in both hardware and software domains, and facilitate the launch of India's next-generation consumer electronics brand in the upcoming months.

Circuit House Technologies, co-founded by Raghu Reddy, former Chief Business Officer at Xiaomi India, and Kailash Sankaranarayanan, ex-Senior Director at Flipkart, aims to leverage their extensive industry expertise in driving innovative consumer tech solutions. Notable strategic investors like Varun Alagh, Co-founder of Mamaearth, and Abhishek Goyal, Co-founder of Tracxn, have also shown their support.

(With inputs from agencies.)