EdgeCortix Boosts Edge AI Capabilities with Investment from Axiro Semiconductor and MPower Partners
Kanagawa, Japan (April 15, 2026) - EdgeCortix, a leading fabless semiconductor company specializing in energy-efficient AI processing at the edge, announced a new investment from Axiro Semiconductor Pvt. Ltd. and MPower Partners. These additions build on the strong momentum generated by the company's previously oversubscribed funding round.The investment significantly strengthens EdgeCortix's global position in AI inference, accelerating the development and commercialization of its next-generation, energy-efficient platforms for Generative and Agentic AI, including its next-generation SAKURA-X chiplet-based platform.
Axiro Semiconductor Pvt. Ltd., a wholly owned subsidiary of CG Power and Industrial Solutions, joins EdgeCortix as an investor and partner. Axiro brings deep expertise in RF, mmWave, and advanced connectivity IC design for next-generation wireless systems. Headquartered in India, Axiro focuses on building high-performance semiconductor solutions across telecom, satellite communications, and defense, while also expanding into adjacent domains including AI-driven infrastructure, industrial systems, robotics, and consumer electronics.
Dr. Naveen Yanduru, Chief Executive Officer at Axiro, stated, "We are thrilled to support EdgeCortix as an investor and partner. This investment reflects our focus on advancing next generation semiconductor and connectivity technologies. We see alignment with EdgeCortix's low power, high performance AI capabilities, including platforms such as SAKURA-II, and the potential to complement our work in advanced connectivity."
MPower Partners, a Japan based global venture capital fund, participated as a financial investor. The firm reinforced its commitment to supporting high growth, globally relevant deep tech companies aligned with strong Environmental, Social, and Governance (ESG) principles.
Kathy Matsui, General Partner at MPower Partners, noted, "EdgeCortix's software first approach and focus on performance per watt align closely with our Fund 2 theme of 'Japan Dynamism'. We believe the company is uniquely positioned to deliver sustainable, scalable innovation while enabling the next generation of AI applications globally."
Dr. Sakyasingha Dasgupta, Founder and CEO of EdgeCortix, highlighted the strategic value of the new partnerships. "Beyond capital, both Axiro Semiconductor and MPower Partners bring unique strategic value to EdgeCortix. Axiro's expertise in advanced wireless systems and strong presence across India's industrial ecosystem open new pathways for collaboration and market expansion, while MPower's deep network in Japan and global investment perspective support our continued growth and mission to deliver power efficient, sustainable AI innovation."
The partnership is expected to accelerate EdgeCortix's business development across key regions, including Japan and other global markets.
Investment and Partnership Overview
| Partner | Role | Core Expertise / Focus Area |
|---|---|---|
| Axiro Semiconductor Pvt. Ltd. | Investor and Partner | RF, mmWave, and advanced connectivity IC design; telecom, satellite communications, and defense. |
| MPower Partners | Financial Investor | Supporting high growth, globally relevant deep tech companies; ESG principles. |
| EdgeCortix | Beneficiary | Energy efficient AI processing for real time edge inference; Generative and Agentic AI platforms. |
CGPOWER Stock Price Movement
As of 9:02 AM, shares of CG POWER AND INDUSTRIAL SOLUTIONS LIMITED are slipping by 1.55% in the pre-open session, currently trading at ₹705. This movement represents a notable drop of ₹11.10 compared to the previous day's close.Source:
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