India, Oct. 12 -- Tessolve Semiconductor, an Indian semiconductor engineering company, has secured $75 million from US-based Vector Line Capital as it plans acquisitions to expand its chip design, validation and testing capabilities amid growing demand for artificial intelligence (AI) and high-performance computing (HPC) infrastructure.

The investment marks Vector Line Capital's first in India, Tessolve said in an announcement on October 11, 2026. The company did not disclose the valuation at which the investment was made or the equity stake acquired by the investor.

Tessolve, a Hero Electronix company, said the capital would support strategic acquisitions to expand its service offerings and global presence. It is already in advanced di...