ChEmpower, a semiconductor materials company that provides polish pads and chemical solutions for planarization, announced it has raised $18.7 million in Series A funding. The round was co-led by M Ventures and Rhapsody Venture Partners. New and existing investors Intel Capital, Pangaea Ventures, Foothill Ventures, In-Q-Tel (IQT), and TEL Venture Capital also participated in the funding.
ChEmpower is transforming semiconductor manufacturing with its abrasive-free planarization technology. And the company provides polishing pads and solutions designed to create defect-free surfaces with superior planarity, enabling higher chip yield and performance.
Compared to traditional chemical mechanical planarization (CMP) processes, which depend on abrasives and often leave residual scratches and particles that reduce yield and increase costs, ChEmpower’s technology simplifies the planarization process, while reducing embedded costs, and promotes sustainability by recovering water.
With the demand for high-performance AI chips surging, so does the challenges in manufacturing, bandwidth, and advanced packaging as chips shrink and become more complex. Now 40% of global wafer production occurs at nodes smaller than 10nm. And as these nodes continue to shrink, additional planarization steps are required to enhance performance. ChEmpower’s abrasive-free technology is essential for advancing sub-10nm chip production and powering the next generation of AI and advanced semiconductor applications.
Since its founding, ChEmpower successfully demonstrated key aspects of its platform, including an abrasive-free 300mm copper technology and a pilot line for pad production. And this has led to strategic partnerships with leading semiconductor companies and an increasing interest from leading-edge customers.
What the funding will be used for: This funding round will help scale its technology for advanced chip manufacturing and packaging. This funding will also enable ChEmpower to scale its manufacturing systems, commercialize its product offerings, and recruit talent across engineering, business development, and operations. And the company is also working with industry leaders to bring its technology into semiconductor fabs worldwide.
KEY QUOTES:
“The rapid rise of AI and the demand for sustainable, high-performance semiconductors have created a critical opportunity for ChEmpower. With this new funding, we will accelerate our operations, extend our market reach, and enhance our product offerings, ensuring we remain at the forefront of next-generation semiconductor manufacturing.”
Sudhanshu Misra, PhD, CEO and co-founder of ChEmpower
“At a time when the demands of AI and sustainability are reshaping the semiconductor industry, ChEmpower’s innovative approach offers a compelling solution. Their scalable, high-performance technology is precisely the type of breakthrough needed to meet the evolving needs of the semiconductor market, and we are excited to support their journey to lead the next generation of chip manufacturing.”
Scott Shaw, Chief of Staff at Intel Capital
“ChEmpower’s novel solution exemplifies the kind of high-impact innovation M Ventures backs — precision manufacturing technology with the potential to redefine how advanced semiconductor chips, packaging, and quantum devices are built. We’re proud to support a company whose vision aligns with the future of next-generation manufacturing.”
Owen Lozman, Managing Director at M Ventures
“We are thrilled to co-lead ChEmpower’s Series A with M Ventures. The company has assembled a strong syndicate of investors who bring deep technical expertise and market access. ChEmpower’s value proposition extends beyond cost and performance to sustainability. Their next-generation, abrasive-free CMP will unlock new opportunities in semiconductor manufacturing.”
Jessica Freyer, PhD, Partner at Rhapsody Venture Partners
