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Ex-Goldman Banker’s AI Chip Company Secures SoftBank Funding

Nino Paoli
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Kandou AI, led by ex-Goldman Sachs managing director Srujan Linga, secured $225 million in a funding round led by SoftBank, Maverick Silicon, and Synopsys. The startup specializes in AI chip development. The latest investment values Kandou AI at $400 million, reflecting growing confidence in its technology. Additional backers include Cadence Design Systems and Alchip, per a March 2026 announcement. The funding will accelerate Kandou AI’s development of energy-efficient AI chips, targeting high-performance computing markets. Its proprietary designs aim to outperform traditional architectures. Founded by quantum coding theorist Amin Shokrollahi, Kandou AI merges finance and deep-tech expertise. Madraswala and Linga lead the company’s strategic and operational growth. This deal underscores SoftBank’s continued bets on AI hardware startups amid intensifying global competition. The capital infusion positions Kandou AI as a key player in next-gen semiconductor innovation.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The AI Race:Taher Madraswala, from left, Srujan Linga, and Amin Shokrollahi.Kandou AI, an artificial-intelligence chip company led by a former Goldman Sachs Group Inc. managing director, raised $225 million from investors including Maverick Silicon, SoftBank Group Corp. and Synopsys Inc. Other investors included Cadence Design Systems Inc. and Alchip, according to a statement Monday. The latest funding round values the startup at $400 million, according to Chief Executive Officer Srujan Linga.

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Source: Bloomberg Technology

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