Mastiska
Sovereign silicon for AI compute infrastructure
Dubai, Saudi Arabia · Founded 2024 · $10.0M raised
- Headquarters
- Dubai
- Employees
- 1–10
- Founded
- 2024
- Business Model
- B2B
- Website
- mastiska.ai
- Total Funding
- $10.0M
- Last Round
- $10.0M SeedNov 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Mastiska is a UAE-based fabless semiconductor startup building sovereign AI silicon — data-center-grade inference accelerators designed for governments and enterprises seeking independence from US and Chinese chip suppliers. Founded in 2024 by Suresh Sugumar, the company operates with a model-creation team in Abu Dhabi and a VLSI design team in India. Its first commercial products are custom FPGA cards loaded with proprietary IP for AI inference workloads, alongside brain-inspired transformer architectures for improved performance and energy efficiency. Backed by $10M in seed funding from GCC sovereign wealth funds, Mastiska targets the UAE, GCC, Southeast Asia, BRICS nations, and the Global South.
Summary
Mastiska is an Artificial Intelligence company based in Dubai, Saudi Arabia, founded in 2024. It has raised $10.0M in total across 1 round, most recently a $10.0M Seed round in Nov 2025.
Tech & App Stack
1 technology or app tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Nov 2025
Similar Companies
Micron Technology is the only US-based manufacturer of advanced DRAM, NAND, and storage memory so...
Groq delivers fast, low cost AI inference using custom LPU (Language Processing Unit) chips and G...
Provides AI inference hardware and cloud platform for enterprises, using RDUs and SambaCloud to r...
Cerebras provides wafer-scale AI infrastructure that lets enterprises train, fine-tune, and serve...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/mastiska"><img src="https://indexed.vc/api/badge/company/mastiska" alt="Mastiska on Indexed.vc" width="260" height="76" /></a>