Netrasemi, a Kerala-based semiconductor startup building system-on-chips (SoC), has raised INR 100 million in a Pre Series A round from Unicorn India Ventures to build Edge AI for IoT products.

Netrasemi, founded in 2020 by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha, has designed three SoCs, namely Netra-R1000, Netra-A2000 and Netra-A4000. Built on an effective Netrasemi DSA (Domain Specific Architecture), all three chips are high-performance ML-capable devices using the company's unique graph-stream hardware acceleration architecture. Solution providers may create sophisticated ML and vision application use cases more quickly and easily with the help of Netrasemi processors. Targeting the surveillance, smart sensors, smart infrastructure, machine vision & industry 4.0, robotics, drones and autonomous vehicles segments, Netrasemi will market its SoCs to end-user verticals such as government, industrial, BFSI, transportation and others.

Anil Joshi, Managing Partner, Unicorn India Ventures, said, “There are attractive opportunities in the Edge AI software market, and there is absolutely no denying that the AI industry has the potential to transform various sectors. The funding accelerates Netrasemi’s mission to deploy the solutions on a better scale. We believe Netrasemi will continue to sustain its momentum with its most powerful AI chip for edge devices and strengthen its position in this space. The company has witnessed remarkable progress in the last 12 months and has designed new solutions. Hence, we believe the market opportunity is huge and the company has built the right momentum to capitalise on this segment.”

Jyothis Indirabhai, Co-Founder, Netrasemi, said, “Netrasemi family of chips will be the first AI/ML SoCs from India for intelligent edge devices, with a full array of digital IPs inhouse developed. We not only own the chip but also own what goes inside. We are excited to be backed by Unicorn India Ventures and believe this funding will play a crucial step for us to fuel our continued expansion and success.”

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Einride AB, a technology company specialising in electric and autonomous freight, has appointed Gary Hicok to its Board of Directors. He joins the company following a 25-year career at Nvidia, where he held several leadership roles in autonomous technology and automotive hardware.

The appointment comes as Einride prepares for a public listing on the New York Stock Exchange through a business combination with Legato Merger Corp. III.

During his tenure at Nvidia, Hicok served as Senior Vice-President of the Mobile Business Unit and led Automotive Hardware and Systems. He oversaw the development of the Nvidia DRIVE platform and the Tegra processor, which are used in safety-critical automotive AI and in-vehicle computing.

His experience spans engineering and executive leadership within AI-driven markets and global organisations. At Einride, he will focus on scaling autonomous platforms and managing industry partnerships.

Einride operates in seven countries with more than 25 enterprise customers. The company reports approximately USD 65 million in expected annual recurring revenue (ARR) from signed contracts, with a potential long-term ARR exceeding USD 800 million through joint business plans.

The company has secured regulatory permits for autonomous vehicle operations in the United States and Europe. Its platform uses proprietary AI technology to manage electric and autonomous fleets, targeting the global road freight market.

Gary Hicok said, “Einride is solving an industry-scale problem the right way. Its platform approach unlocks partnerships, accelerates innovation, and makes electrified and autonomous freight real. I’ve watched many smart companies struggle with doing everything in house. It doesn’t scale or leverage the expertise of the industry, whereas Einride’s approach does. I believe its approach is built to win.”

Robert Falck, Founder and Executive Chairman, Einride, said, “Gary brings deep, hands-on experience scaling autonomous technology through critical partnerships across the automotive and technological ecosystem. Working alongside the Einride team, his perspective on building and scaling safety-critical platforms with industry partners will strengthen our ability to deploy autonomy globally. We’re pleased to welcome him to the Board.”

Roozbeh Charli, Chief Executive, Einride, added, “Gary's expertise and experience in building high-performing teams tackling the most advanced technology development will be instrumental for us as we continue to scale and cement our leadership position within autonomous freight technology. I’m incredibly proud of what we’ve built so far, and I’m excited for what we’ll achieve together with Gary’s unique experience.”

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American powertrain major BorgWarner has been awarded a contract by a European original equipment manufacturer (OEM) to supply an 800V Integrated Drive Module (iDM). The system will support a Range Extended Electric Vehicle (REEV), with mass production scheduled to commence in 2029.

The iDM is a system incorporating a single-electric-machine design that provides both generator and drive functionality. The module operates alongside an inverter, two clutches and a dual-mass flywheel. It is paired with the customer's internal combustion engine.

The system includes energy-efficient generator functionality and an all-wheel-drive mode. By combining two REEV functions into one product, the module aims to optimise vehicle architecture.

The integrated inverter utilises Viper power switches and dual-side cooled power module technology. This platform is designed for high-performance electric drive applications to manage high-voltage and high-current requirements.

Dr. Stefan Demmerle, Vice-President, BorgWarner Inc. and President and General Manager, PowerDrive Systems, said, “Securing this program award underlines BorgWarner’s strength in electric drive technology and system integration. With the China team taking the lead and collaborating with a global team, we have created a highly integrated solution that balances performance, efficiency, and packaging. We are proud to support our customer with innovative technology for its next-generation range extended vehicles.”

BorgWarner maintains in-house capabilities across electric motors, drivelines, power electronics and software. The company intends to use its manufacturing footprint to support the development of the global energy vehicle market.

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Vadodara-based Electronics System Design and Manufacturing (ESDM) company Aimtron Electronics has secured its first order from a European Original Equipment Manufacturer (OEM). The contract, valued at approximately INR 38 million, involves providing box-build solutions for a client headquartered in Europe with manufacturing operations in Spain.

The order marks the company's entry into the European market, serving automotive and industrial sectors. Aimtron anticipates that revenues from this engagement could scale to four times the current size during the 2027 financial year.

The development follows the announcement of the India–Europe Free Trade Agreement (FTA), which aims to improve the competitiveness of Indian manufacturers. Aimtron intends to leverage its manufacturing operations in India and the United States to diversify supply chains for European customers.

This European foray follows the company’s recent acquisition of a US-based electronics system design and manufacturing (ESDM) firm to strengthen its engineering capabilities for global OEMs.

Sneh Shah, Whole-time Director, Aimtron Electronics, said, “Meeting European automotive requirements demands a high level of process discipline, quality governance, and execution consistency. Aimtron has invested steadily in building these capabilities across box-build, traceability, and program management. This engagement reflects that readiness and provides a clear pathway to scale programs across European end-markets.”

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MAHLE has introduced an advanced heat recovery system that enhances the efficiency of cabin heating in electric vehicles, directly addressing the challenge of reduced range in cold weather. This innovation, the MAHLE HeatX Range+, reclaims thermal energy from the vehicle's exhaust air. As interior air is expelled, it passes through the air conditioning evaporator, where its heat is transferred to the refrigerant. This captured energy is then used to preheat incoming fresh air before it enters the cabin.

This process reduces the total energy demand for the vehicle's climate control system by approximately 20 percent compared to conventional methods. In practical testing with a mid-size electric vehicle at an outside temperature of -7°C and a cabin target of 20°C, the system extended the driving range by nearly 10 kilometres. Beyond range extension, the continuous influx of fresh air maintains high interior air quality and minimises window fogging.

Engineered for seamless integration, the system has no adverse effect on airflow or acoustics. Its modular design allows manufacturers to incorporate it into existing vehicle architectures easily and cost-effectively. MAHLE developed the technology drawing on its extensive expertise in thermal management, and the current configuration for refrigerant R1234yf can be readily adapted for use with future alternative refrigerants.

Martin Wellhoeffer, Member of the MAHLE Group Management Board, responsible for the business unit Thermal and Fluid Systems, said, "Our HeatX Range+ heat recovery concept maximises the everyday practicality of electric vehicles in winter and makes a decisive contribution to further increasing the attractiveness of electric mobility.”

Dr Uli Christian Blessing, Vice President – R&D Thermal and Fluid Systems, MAHLE, said, "As early as the 1990s, MAHLE introduced the '’Economizer'’, the first cabin heat recovery system concept for passenger and commercial vehicles, thereby pioneering today’s trend towards efficient cabin climate control.”

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