News Summary

PowerLattice, a semiconductor startup founded by veteran electrical engineers from Qualcomm, NUVIA, and Intel in 2023, has secured a $25 million Series A funding round led by Playground Global and Celesta Capital. This brings its total funding to $31 million. Notably, the company has attracted investment from former Intel CEO Pat Gelsinger, who is a general partner at Playground Global. PowerLattice has developed a power-saving chiplet that reduces the power needs of computer chips by more than 50%, a significant innovation in energy efficiency for semiconductor manufacturers. The startup’s first batch of chiplets is being produced by TSMC in collaboration with an unnamed manufacturer. PowerLattice plans to expand its customer base, which may include major chip manufacturers like Nvidia, Broadcom, and AMD, by making its product available for testing in the first half of 2026. The startup is aiming to capture a significant market share by offering substantial energy efficiency gains compared to traditional approaches.