PowerLattice has emerged from stealth with a $25 million Series A round co-led by Playground Global and Celesta Capital, bringing its total funding to $31 million. The Vancouver-based semiconductor company is developing what it calls the industry’s first power delivery chiplet, designed to dramatically reduce the energy demands of AI accelerators and increase overall system performance.
The company’s technology brings power directly into the processor package, a significant shift from conventional power delivery architectures that force current through long and resistive paths. This approach reduces total compute power requirements by more than 50% while enabling a substantial increase in usable performance. With AI accelerators and GPUs now pushing beyond two kilowatts per chip, PowerLattice positions its architecture as a critical enabler for the next era of high-performance AI computing.
The company’s power delivery chiplet integrates miniaturized on-die magnetic inductors, advanced voltage control circuitry, a vertical design, and a programmable software layer. By tightly coupling power and compute within the silicon ecosystem, the company aims to address the growing strain on data centers, which consume energy at levels comparable to those of mid-size cities. Industry analysts expect data center energy usage to potentially triple by 2028 without new technological approaches.
With silicon already completed and engineering samples under development for one-kilowatt-class GPUs, CPUs, and accelerators, PowerLattice states that its approach enhances performance while reducing energy loss and minimizing power-related throttling. For data centers deploying hundreds of thousands of accelerators, the company says its architecture delivers the consistency and reliability necessary to sustain long-term system performance.
PowerLattice was founded by Dr. Peng Zou, Gang Ren, and Sujith Dermal, who bring experience in integrated magnetics, analog IC design, power management, and system engineering from companies including Qualcomm, NUVIA, and Intel. Both lead investors, Playground Global and Celesta Capital, have also taken board seats, signaling the strategic importance of power delivery innovation across the semiconductor industry. The company operates in Vancouver, Washington, with additional offices in Chandler, Arizona.
KEY QUOTES:
“By bringing power directly into the processor package, we’re delivering the performance and efficiency AI needs to keep scaling beyond today’s limits.”
“Power is the defining challenge for AI’s future. Data centers are already starting to hit a power wall and the problem is only going to get worse if we don’t rethink how chips are powered. By bringing power directly into the processor package, we’re delivering the performance and efficiency AI needs to keep scaling beyond today’s limits.”
Dr. Peng Zou, Co-Founder, CEO and President, PowerLattice
“AI is not constrained by capital, it’s constrained by power. PowerLattice represents a dramatic breakthrough in the efficiency and scale of power delivery. This is the kind of generational leap Playground backs: technology that doesn’t just advance chips, but reshapes the entire trajectory of computing.”
Pat Gelsinger, General Partner, Playground Global
“PowerLattice is delivering a truly scalable solution to attack the cost-performance, reliability and cooling bottlenecks throttling AI data centers. I know exactly how tough this problem is, having previously led power device and system incubation at global semiconductor leaders and watching two decades of attempts fall short of the real potential. It is why we zeroed in on this opportunity in our thesis at Celesta – and why we believe PowerLattice’s solution is the unlock the industry has been waiting for.”
Dr. Steve Fu, Partner, Celesta Capital
