IIT Madras Alumnus Leaves Corporate Role To Build AI Startup, Raises $9 Million

Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓IIT Madras alumnus Akash Ramdas raised $9 million for his AI startup, Discovered Materials.
- ✓The company uses AI agents to find new materials that manage heat in computer chips.
- ✓Ramdas co-founded the firm with Advaith Sridhar.
Story at a Glance
- Category
- BUSINESS
- Reported By
- NDTV Profit
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
As AI chips become more powerful, managing the heat they generate has emerged as a key challenge for the semiconductor industry. Finding materials that can withstand high temperatures and improve the performance of smaller electronic components is crucial, but the discovery process can be slow.
IIT Madras alumnus Akash Ramdas is looking to speed up that process through his AI startup, Discovered Materials, which uses AI agents and computational models to identify promising materials. Ramdas co-founded the company with Advaith Sridhar, whom he met at IIT Madras more than a decade ago. While Ramdas specialised in materials science, Sridhar focused on artificial intelligence.
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