Empower Announces A $45 Million Series C1 Financing To Fund Global
10/26/21, 12:00 AM
Location
milpitas
Money raised
$45 million
Round Type
series c
Financing accelerates adoption of integrated voltage regulators (IVRs) that minimize the energy footprint of the digital economy
Company Info
Location
milpitas, california, united states
Additional Info
The exponential increase in the amount of data being communicated and processed around the globe is driving the energy consumption of datacenters and communications networks to 17% of total electricity demand worldwide by 2030(1), dramatically increasing pollution, carbon emissions and cost. Empower Semiconductor was founded with the mission to “minimize the energy footprint of the digital economy” by developing novel fully integrated power management solutions that both increase the performance and reduce power consumption of energy-hungry, data-intensive applications.
Traditional power solutions require many discrete components with big footprints, complex designs and deliver power inefficiently with poor response times and inaccuracies. Empower Semiconductor’s patented IVR technology integrates dozens of components into a single IC increasing efficiency, shrinking footprints by 10x and delivering power with unprecedented simplicity, speed & accuracy and with zero discrete components. The Empower IVRTM technology solves the power density challenge to address a wide range of applications including mobile, wearables, 5G, AI, and data centers. In 2020 the capacitor technology platform was added to further address power density. E-CAP revolutionized the capacitor industry as the world’s smallest, highest performing, and incredibly reliable capacitor for wearables, mobile, and SoC applications. The company is based in Silicon Valley, CA and is led by a team of highly experienced power experts and executives.
(1) Nature, “How to stop data centres from gobbling up the world’s electricity”, September 12, 2018
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