How much has Tessolve raised?

Tessolve has raised $75M in one sourced round on record (Series B+), announced October 12, 2026.

Who invested in Tessolve?

Investors on record for Tessolve: Applied Ventures, JIF Capital, Novo Tellus Capital Partners, Qualcomm Ventures, Reliance Venture Asset Management, TPG Growth and Vector Line Capital. Vector Line Capital led its latest sourced round.

Where is Tessolve based?

Tessolve is based in Bangalore, India and was founded in 2004.

Tessolve

Tessolve is a semiconductor engineering company that provides end-to-end solution provider, from chip design, test, and PCB engineering.

Latest funding

$75M Series B+ · October 12, 2026

Led by Vector Line Capital · Source: equitypandit.com

Funding history ↓

Website: tessolve.com.

X: @tessolve_ · 152 followers.

LinkedIn: linkedin.com.

Categories: AI infrastructure and compute Robotics and hardware Manufacturing and industrial.

Sectors: Industrial Manufacturing, Manufacturing, Semiconductor.

Stage: Series B+.

Based in: Bangalore, India.

Founded: 2004.

Last round: Oct 12, 2026 · 11 days ago.

Headcount: 1001–5000 employees.

X account age: 3 years.

Domain age: 23 years.

On Recent Funding since: Oct 13, 2026.

About Tessolve

Tessolve is a company based in Bangalore, India, founded in 2004. Recent Funding lists it under AI infrastructure and compute (also Robotics and hardware). It raised $75M in a Series B+ round in October 2026, led by Vector Line Capital, according to equitypandit.com. Investors on record include Applied Ventures, JIF Capital, Novo Tellus Capital Partners, Qualcomm Ventures and 2 others. It was founded by P Raja Manickam, Srinivas Chinamilli and Veerappan V. It has acquired 3 companies on record, most recently Dream Chip Technologies (November 2024).

Funding rounds

October 12, 2026
Series B+ · $75M
VVector Line Capital (lead)
Source: equitypandit.com
April 20, 2023
X account created
May 10, 2003
Website created

Founders and team

PR
P Raja Manickam Founder

LinkedIn
SC
Srinivas Chinamilli Founder

LinkedIn
VV
Veerappan V Founder

LinkedIn
JB
Jens Benndorf CEO, Dream Chip Technologies & Head of Custom Silicon, Tessolve
AM
Anand Muthaiah Senior Vice President, Test & Product Engineering
MR
Madhav Rao SVP of VLSI Design
RJ
Raghavendra Jha CFO
RC
Ravi Chirugudu President and COO
RK
Renil Kumar CHRO
SW
Sudhir Wokhlu Vice President - HW Division

Acquisitions

Acquired company	Price	Announced
DDream Chip Technologies	Not disclosed publicly	Nov 6, 2024
TTest and Verification Solutions	Not disclosed publicly	Date not given
PP2f semi	Not disclosed publicly	Date not given

Investors

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MMueon$65M Series A · Oct 2026
QQilimanjaro$22.39M Series A · Oct 2026

Questions and sources

Tessolve: questions and answers

How much has Tessolve raised?: Tessolve has raised $75M in one sourced round on record (Series B+), announced October 12, 2026.
Who invested in Tessolve?: Investors on record for Tessolve: Applied Ventures, JIF Capital, Novo Tellus Capital Partners, Qualcomm Ventures, Reliance Venture Asset Management, TPG Growth and Vector Line Capital. Vector Line Capital led its latest sourced round.
Who founded Tessolve?: Tessolve was founded by P Raja Manickam, Srinivas Chinamilli and Veerappan V.
Where is Tessolve based?: Tessolve is based in Bangalore, India and was founded in 2004.

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/tessolve (get a free API key).