C2i Semiconductors Raises $15M Series A

C2i Semiconductors, a Bengaluru-based semiconductor startup, has raised $15 million in a Series A funding round. The round was led by Peak XV Partners, with participation from Yali Deeptech and VSR Ventures Private Limited. The funds will be primarily used for product development and global expansion, including establishing a US office and an engineering team in Taiwan. C2i Semiconductors, founded in 2024 by Ram Ananth, Vikram Gakhar, Preetam Tadeparthy, and Dattatreya Suryanarayana, along with Harsha S B and Muthusubramanian N V, is developing power management solutions for next-generation AI data centers and cloud infrastructure. The company aims to address the critical constraint of power delivery in scaling AI workloads by building configurable, platform-based power architectures. Their approach is expected to improve power density, simplify system design, accelerate deployment, and extend server lifetimes. C2i Semiconductors plans to tapeout its first product in April and a second in July, with manufacturing partners including Tower Semiconductor and GlobalFoundries. The company has also received support from the India — Ministry of Electronics and Information Technology in India.