Skycore Semiconductors has secured €5 million in new seed financing to accelerate the commercial rollout of its Power Integrated Circuit technology, designed to address some of the most pressing power density and efficiency challenges in next-generation AI data centers. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord. With this latest injection of capital, the company has now raised approximately €7.5 million, including €2.5 million from previous funding and grants.
Based in Denmark, the fabless semiconductor company has developed a silicon-validated technology platform that supports the transition toward 800V High Voltage Direct Current architectures within AI data centers. These emerging high-voltage systems are becoming essential as power and compute requirements reach levels that conventional 54 VDC distribution can no longer serve efficiently. The company’s technology offers extreme power density and high efficiency in a compact form factor suited for next-generation rack and system-level designs.
Skycore is targeting the growing need for advanced power architectures capable of supporting AI factories where racks routinely exceed 200 kW. The company’s Power IC technology is engineered to enable scalable, high-density solutions required for the shift toward 800V HVDC systems. With six patent families in place and silicon validation completed, Skycore is now preparing its first commercial products as it deepens collaboration with strategic partners and potential customers.
The company plans to use the new funding to expand its engineering and commercial teams, accelerate product development, strengthen its patent portfolio, increase manufacturing readiness, and scale co-development work with industry partners. The investment also supports efforts to build a robust supply chain as Skycore progresses toward market entry.
Skycore is a Startup Member of the Open Compute Project, which focuses on advancing hardware architectures for high-performance compute environments. The company is also part of the Berkeley Power and Energy Center at the University of California. This community comprises global technology companies, including Nvidia, Google, Intel, Tesla, and Analog Devices.
Early investors Morph Capital and Thorbjørn Rønje supported the company through its initial development, helping validate the technology and establish foundational partnerships. Skycore’s team of eight plans to target growth as the company advances toward commercialization, aiming to capture a significant share of the expanding market for AI data center power solutions.
Looking ahead, the company intends to become the global leader in Power Integrated Circuit solutions for high voltage architectures across next-generation AI data centers and other sectors where extreme power demands require new engineering approaches.
KEY QUOTES
“Skycore is solving the power bottleneck that’s limiting AI’s explosive growth. Its Power IC technology isn’t just an incremental improvement—it’s a paradigm shift for 800V data center architectures and beyond. We’re thrilled to back a team that will define how the world powers AI infrastructure.”
Ion Hauer, Principal at APEX Ventures
“Scaling today’s AI compute infrastructure requires a fundamental change in how data centers are powered, and 800V HVDC power architectures are the first step on that path. Our Power IC technology platform delivers power solutions with extreme power density and efficiency in flat, compact form factors, all essential to enable HVDC architectures. We design our solutions to be inherently scalable, to meet the evolving demands of future power architectures. This funding enables us to accelerate our market entry from validated silicon to market-ready products, positioning Skycore as a key enabler of next-generation data center power delivery.”
Pere Llimós Muntal, CEO and Co-Founder of Skycore Semiconductors
