PowerLattice, a promising startup focused on power-saving chiplet technology, has successfully emerged from stealth mode with a significant $25 million Series A funding round. Playground Global also led the funding round. Former Intel CEO Pat Gelsinger, now a general partner there, teamed with Celesta Capital to bring it to life. Including this most recent investment, PowerLattice has now raised a total of $31 million.
Dr. Peng Zou, the CEO of PowerLattice, and the founding team presented their innovative concept at Playground’s offices in March, capturing the attention of investors. The startup is on a mission to redefine the way power is integrated into devices. The convergence, as Gelsinger describes it, is both essential and complicated.
“This is the hard stuff: How do you get power into the device? There are very few teams and people that can do it,” – Pat Gelsinger
PowerLattice intends to manufacture its inaugural run of chiplets through a partnership with Taiwan Semiconductor Manufacturing Company (TSMC). For now, TSMC is working with one other undisclosed semiconductor manufacturer to validate use-case functionality of PowerLattice’s chiplets. This strategic move positions the company to meet the growing demand for efficient power management solutions in various technological applications.
The startup expects to have its products on the market for customers to start playing around with them the first half of 2026. And major chip makers including Nvidia, Broadcom and AMD are potential customers. Further, deep tech AI chip developers, including Cerberus, Grok, and Playground-backed startups d-Matrix and NextSilicon made the cut.
Gelsinger displayed a great deal of confidence in PowerLattice’s proprietary technology, adding that the startup fills a space few have the ability to replicate. He’s confident that PowerLattice can take a good chunk of it, though. His observations point to a deepening opportunity for the company in a suddenly competitive field.
“But we think our ability to capture meaningful share will quickly emerge,” – Pat Gelsinger
PowerLattice is helping to meet the urgent demand for energy-smart solutions in advanced technology. With ongoing trends for all industries to become more sustainable, the need for efficient power management systems will continue to increase.
Gelsinger unequivocally states that PowerLattice innovation is highly critical. He thinks their big, audacious plan might inspire other people in the industry to get excited, too.
“The idea is bold, the benefits are large, and I expect others will be saying, ‘That’s a great idea. Let me try as well,’” – Pat Gelsinger
PowerLattice takes this opportunity to announce that we are starting an exciting new chapter following a successful funding round. The startup is poised to have a huge impact on the future of chip technology. In particular, it has pushed hard to provide better power efficiency. This capability will dictate who controls the next great technological breakthroughs.