Semiconductor firm Tessolve raises $150M from TPG Growth

Tessolve, backed by Hero Electronix, raised $150M from TPG Growth to drive acquisitions and global expansion. Revenues rose from $25M in FY16 to $150M+ in FY25. The firm will boost test labs and delivery centers, showcasing strength in chip design and architecture. With 3,000+ engineers and global partners, Tessolve evolves into a full-service provider as semiconductors near a projected $2T industry in 15 years.