CG Power Share Price Gains Over 2%; Subsidiary Axiro Semiconductor Invests in EdgeCortix to Advance Edge AI Platforms

EdgeCortix, a fabless semiconductor company, has announced a significant investment from Axiro Semiconductor Pvt. Ltd. and MPower Partners. This investment aims to enhance EdgeCortix's capabilities in developing energy-efficient AI platforms. 

EdgeCortix's Strategic Investment 

On April 15, 2026, EdgeCortix revealed a new investment from Axiro Semiconductor Pvt. Ltd., a subsidiary of CG Power and Industrial Solutions, and MPower Partners, a Japan-based venture capital fund.  

This investment follows a successful funding round, reinforcing EdgeCortix's position in AI inference technology. 

Axiro Semiconductor, headquartered in India, brings expertise in RF, mmWave, and advanced connectivity IC design.  

The company focuses on high-performance semiconductor solutions for telecom, satellite communications, and defence, while exploring AI-driven infrastructure and consumer electronics. 

MPower Partners' Role 

MPower Partners participated as a financial investor, supporting high-growth tech companies aligned with ESG principles. Their involvement underscores a commitment to sustainable and scalable innovation in AI infrastructure. 

Kathy Matsui, General Partner at MPower Partners, highlighted EdgeCortix's software-first approach and performance-per-watt focus, aligning with their investment themes. 

Collaborative Benefits 

Dr. Sakyasingha Dasgupta, CEO of EdgeCortix, noted the strategic value brought by Axiro and MPower. Axiro's expertise in wireless systems and India's industrial ecosystem offers collaboration opportunities, while MPower's network supports global growth. 

Read More: IRB Infrastructure Share Price in Focus; Reports 21% YoY Toll Revenue Growth in March 2026! 

About EdgeCortix 

EdgeCortix, headquartered in Kanagawa, Japan, develops energy-efficient AI processing solutions for real-time edge inference.  

Their patented hardware-software co-design approach powers AI acceleration across various sectors, including defence, aerospace, and telecommunications. 

CG Power and Industrial Solutions Share Price Performance 

As of April 15, 2026, at 9:20 AM, CG Power and Industrial Solutions share price on NSE was trading at ₹736.00 up by 2.78% from the previous closing price. 

Conclusion 

The investment from Axiro Semiconductor and MPower Partners strengthens EdgeCortix's development of energy-efficient AI platforms. This collaboration highlights the strategic alignment of expertise and resources to enhance AI infrastructure globally. 

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