SimYog, a start-up incubated at IISc, has secured funding led by Mela Ventures and 1Crowd, with participation from existing investor IdeaSpring.
The Bengaluru-based company, founded in 2017, focuses on EMI/EMC simulation software for early-stage design, addressing challenges related to electromagnetic interference in electronic devices.
The platform allows testing and identification of EMI/EMC issues in the design phase, reducing the risk of certification failures during later stages, and saving time and costs for companies.
SimYog's Compliance-Scope has saved a semiconductor company and its Automotive Tier-1 customers, time-to-market to the tune of one extra design sample. This translates to reduced lab iterations and bill-of-material reduction, leading to a saving in the order of $2-3M for a single product line of sensors, the statement added.
Prof. Dipanjan Gope, founder and CEO of SimYog, said “I am very excited about the collaboration with academia, corporate and venture capitalists. It clearly shows the overall confidence in the problem we are trying to solve and the solution itself. The mentorship from Mela Ventures is going to be invaluable in our global growth story. It is our dream to say that there is a bit of SimYog in every electronic device one touches. This investment will help us reach many customers who are facing the challenge of EMI/EMC testing and help them release quality products faster and cost-effectively.”
RK Shenoy, CTO Bosch Global Software Technologies, said, “SimYog’s EMI/EMC simulation at the design stage significantly reduces the risk of delays & higher verification costs during the certification stage. One can benefit from sample production cost savings, faster time-to-market, and improved product performance. SimYog plays a significant part in our product success, and we are excited about the promising roadmap.”
N S Parthasarathy, managing partner, Mela Ventures, said “With higher expectations from consumers, product companies are packing more technology in constrained spaces, leading to potential challenges in signal interferences. EMI/EMC simulation tool in the early stages of the design cycle is a crucial need. SimYog has cracked the code on that front, and we are delighted to see the rapid progress they are making in this space. Having an enviable client roster is a testimonial by itself to the category they have chosen to own and lead. Prof. Dipanjan has built a great team and a culture that will thrive and help millions of users safely use the electrical and electronic devices.”