Stories
IIT Madras Alumnus Akash Ramdas Raises $9M for AI Startup to Tackle Chip Heat
M
Moneycontrol•19-10-2026, 11:56
IIT Madras Alumnus Akash Ramdas Raises $9M for AI Startup to Tackle Chip Heat
- •Discovered Materials, founded by IIT Madras alumnus Akash Ramdas, raised $9 million in seed funding to accelerate semiconductor materials discovery.
- •The startup uses AI models from Anthropic and physics-based simulations to explore thousands of potential material candidates daily for better thermal management in AI chips.
- •Ramdas completed his BTech from IIT Madras in 2019 and later earned his master's and PhD in Materials Engineering from Stanford University.
- •While AI agents can screen thousands of candidates in a day, physical laboratory validation and manufacturing testing remain crucial challenges for commercial use.
Key Questions Answered
Discovered Materials, an AI startup founded by IIT Madras alumnus Akash Ramdas, has raised $9 million in seed funding to accelerate the discovery of new semiconductor materials.
The startup aims to address the rising heat generated by powerful artificial intelligence chips by discovering new thermal management materials.
Ramdas completed his BTech at IIT Madras in 2019, followed by a master's degree and a PhD in Materials Engineering from Stanford University, before co-founding Discovered Materials in March 2026.
