Si2 Microsystems
Miniaturized System-in-Package solutions for defense and commercial applications
About Si2 Microsystems
Founded in 2006, Si2 Microsystems is a high-tech semiconductor company based in Bengaluru, India, that provides System-in-Package (SiP) and microsystems solutions. The company specializes in the miniaturization of electronic systems using 3D packaging technology, serving a global client base across the commercial, defense, military, and space sectors.
Si2 Microsystems offers turnkey solutions by integrating chip and system design with manufacturing capabilities. Its business is structured into three divisions: Application-Specific SiP (ASiP) for custom solutions, Standard and Semi-custom SiP (FSiP) for wireless applications, and an Original Design Manufacturing (ODM) arm for telecom systems and memory modules. The company's products and services include components for missile systems, radars, and other defense applications, as well as obsolescence management and electronics re-engineering.
The company was founded by Ramachandran Swaminathan. Over the years, Si2 has raised a total of $18.5 million in funding over three rounds from investors including Ventureast. Arya Bhattacherjee is the Chairman and CEO. In recent years, Si2 Microsystems has faced international scrutiny, with sanctions imposed by the United States, the European Union, and Japan for allegedly supplying dual-use technology to Russia's defense sector. The company has also been a partner with India's Ministry of Electronics and Information Technology (MeitY) for a project under the 'Make in India' initiative.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Feb 2009 | $13M | $51M | JIF Capital · Ventureast | ↗ |
Growth signals
Latest recorded traffic for Si2 Microsystems is 40 monthly website visits, down 84% over the last three months. Si2 Microsystems's team grew 1.4% over the past year.
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Investments and acquisitions
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Investors
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Series B and later2 investors entered at this stage
JIF Capital
Ventureast
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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