PowerLattice wins Pat Gelsinger backing for chiplets
PowerLattice has secured $25 million in Series A funding led by Playground Global, bringing its total capital to $31 million and gaining endorsement from former Intel CEO Pat Gelsinger. The stealth semiconductor startup claims its power delivery chiplets can reduce energy consumption by over 50 percent, addressing mounting concerns as AI companies struggle with escalating power demands in data centers.
Founded in 2023 by engineers from Qualcomm, NUVIA, and Intel, the company has begun production at TSMC with an unnamed partner conducting tests. PowerLattice plans to offer customer trials during the first half of 2026, targeting potential clients including Nvidia, Broadcom, AMD, and several AI chip developers.
Gelsinger, serving as general partner at Playground Global, praised the founding team’s expertise in power delivery technology. The modular chiplet design allows integration into existing chip architectures without complete redesigns, potentially speeding adoption across mobile processors, data center chips, and AI accelerators. Competitor Empower Semiconductor raised $140 million earlier this year for similar energy efficiency solutions.
