Mayfield

Mayfield Fund is a venture capital and private equity firm founded in 1969 and headquartered in Menlo Park, California, with an additional office in Mumbai, India. It specializes in early-stage to growth-capital investments in technology companies across sectors including enterprise software, data, communications and wireless, semiconductors, consumer internet, health tech, energy tech, and IT-enabled services. The firm typically targets companies with strong growth potential, supports co-investment networks and lead or co-lead roles in rounds, and often participates in follow-on financing. It pursues global opportunities, with a focus on California (San Francisco Bay Area) and cross-border investments in Europe, India, and China, as well as substantial operations in India and China. Investments range from seed to growth, including debt in select situations, and it emphasizes collaboration with founders from inception to scale iconic enterprise, AI-first, and health-tech ventures. The firm avoids public markets and leverages its global network and experience to help portfolio companies scale.

Rajeev Batra

Partner

Navin Chaddha

Managing Partner

Tim Chang

Partner

Rishi Garg

Venture Partner

Vikram Godse

Partner and Managing Director, India

Past deals in ASIC

Retym

Series D in 2025
Retym is a startup focused on semiconductor technology. It aims to revolutionize the data center and telecommunications industries through its innovative solutions. The company's team comprises experienced ASIC designers, optical communications experts, and seasoned investors.

Recogni

Series C in 2024
Founded in 2017, Recogni specializes in developing AI-based inference processing solutions. It offers high-performance, low-power processors for generative AI and intelligent autonomous platforms, serving automotive industries in Germany and the US.

Akeana

Venture Round in 2022
Founded in early 2021 by industry leaders, Akeana specializes in semiconductor intellectual property (IP) for RISC-V architecture. Its offerings include microcontroller cores, embedded cores, laptop/server cores, coherent/non-coherent interconnects, and accelerators.

Recogni

Series B in 2021
Founded in 2017, Recogni specializes in developing AI-based inference processing solutions. It offers high-performance, low-power processors for generative AI and intelligent autonomous platforms, serving automotive industries in Germany and the US.

MIPS Technologies

Venture Round in 2016
MIPS Technologies develops compute processors based on RISC-V instruction set architectures. It licenses its IP to semiconductor companies and system OEMs for use in AI-oriented markets like Automotive, Data Centers, and communications. The company offers embedded processors tailored to various market segments.

Lightspeed Semiconductor

Venture Round in 2000
LightSpeed Semiconductor provides time-to-market, yield, manufacturability, and development expense advantages over cell implementation.

Excess Bandwidth

Series B in 2000
Excess Bandwidth Corp. specializes in the development of algorithms and high-performance integrated circuits designed for high-bandwidth communications. The company focuses on creating symmetrical digital subscriber line physical-layer chips and mixed signal semiconductors that facilitate the connection of Internet voice and data services across multiple devices using copper twisted-pair wires. Established in 1998, Excess Bandwidth is recognized for being the first to develop technology that complies with the G.shdsl/HDSL2 high-speed symmetric DSL specifications set by international standards bodies, allowing efficient transmission of high-speed voice and data over a single pair of wires. As a privately held entity, the company is funded through venture capital.

NewPort Communications

Series B in 2000
NewPort Communications is a supplier of mixed-signal integrated circuits for the high-speed communications market. The Company's business objective is to develop highly integrated single-chip solutions that enable economic scaling of the existing bandwidth capacity of today's fiber-based networks.
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